Columbia Banking System Inc. (COLB) Tops Q2 EPS by 3c, Raises Quarterly Dividend by 20%
Columbia Banking System Inc. (NASDAQ: COLB) reported Q2 EPS of $0.22, $0.03 better than the analyst estimate of $0.19. Revenue for the quarter came in at $49.38 million versus the consensus estimate of $50.6 million.
The Board of Directors announced that a quarterly cash dividend of $0.06 per common share will be paid on August 24, 2011 to shareholders of record as of the close of business on August 10, 2011. This is an increase of 20% from $0.05 paid the prior quarter.
The Board of Directors announced that a quarterly cash dividend of $0.06 per common share will be paid on August 24, 2011 to shareholders of record as of the close of business on August 10, 2011. This is an increase of 20% from $0.05 paid the prior quarter.