Columbia Banking System (COLB) Declares $0.20 Special Dividend; 0.7% Yield

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Columbia Banking System Announces Regular Cash Dividend of $0.18 and Declares Special Cash Dividend of $0.20

January 28, 2016 8:03 AM EST

TACOMA, Wash., Jan. 28, 2016 /PRNewswire/ -- Columbia Banking System, Inc. (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.18 per common share, and per common share equivalent for holders of preferred stock, will be paid on February 24, 2016 to shareholders of record as of the close of business on February 10, 2016.

In addition, the Board of Directors declared a special cash dividend of $0.20 per common share, and per common share equivalent for holders of preferred stock, which will also be paid... More