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COLB Columbia Banking System dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NASDAQ: COLB
  4. Dividend

Columbia Banking System's latest quarterly cash dividend of $0.36 per share was issued to shareholders on record before Nov 22, 2023. The dividend distribution stands at $1.38 per share annually, which comes to a dividend yield of 6.15%.

Key dates

  • COLB last dividend date: Nov 22, 2023
  • COLB next dividend date: Not announced
Peer dividends: BOH BANR HFWA EWBC BMRC
COLB dividend stats
DPS
$1.38
Dividend yield
5.78%
Payout ratio
66.3%
vs. Financial Services sector
Dividend yield
3.51%
Payout ratio
36.5%

Dividend yield

What is Columbia Banking System current dividend yield

COLB has a dividend yield of 6.15% which is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 3.51%, Columbia Banking System's dividend yield is 75% higher. Historically COLB's dividend yield has averaged at 3.9% in the last 5 years, which is less than the current yield.

Dividend history

What is COLB dividend payout history and dates

Columbia Banking System has been paying dividends for the last 20 years. Our records show that COLB has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 15% since twelve months ago. And with the price of the stock down by 34% from a year ago, the dividend yield marks an increase of 75%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 22, 2023 Dec 11, 2023 Nov 13, 2023 $0.36 normal
Aug 24, 2023 Sep 11, 2023 Aug 14, 2023 $0.36 normal
May 30, 2023 Jun 15, 2023 May 15, 2023 $0.36 normal
Feb 3, 2023 Feb 21, 2023 Jan 24, 2023 $0.3 normal
Oct 14, 2022 Oct 28, 2022 Oct 5, 2022 $0.3 normal
Aug 2, 2022 Aug 17, 2022 Jul 21, 2022 $0.3 normal
May 3, 2022 May 18, 2022 $0.3 normal
Feb 1, 2022 Feb 16, 2022 Jan 19, 2022 $0.3 normal
Oct 12, 2021 Oct 27, 2021 Sep 30, 2021 $0.3 normal
Aug 10, 2021 Aug 25, 2021 $0.28 normal
May 11, 2021 May 26, 2021 Apr 29, 2021 $0.28 normal
Feb 9, 2021 Feb 24, 2021 Jan 28, 2021 $0.28 normal
Nov 9, 2020 Nov 25, 2020 Oct 29, 2020 $0.28 normal
Aug 4, 2020 Aug 19, 2020 Jul 23, 2020 $0.28 normal
May 13, 2020 May 28, 2020 Apr 22, 2020 $0.28 normal
Feb 4, 2020 Feb 19, 2020 Jan 22, 2020 $0.22 special
Feb 4, 2020 Feb 19, 2020 Jan 22, 2020 $0.28 normal
Nov 5, 2019 Nov 20, 2019 Oct 23, 2019 $0.28 normal
Aug 6, 2019 Aug 21, 2019 Jul 24, 2019 $0.28 normal
May 7, 2019 May 22, 2019 Apr 24, 2019 $0.14 special
May 7, 2019 May 22, 2019 Apr 24, 2019 $0.28 normal
Feb 5, 2019 Feb 20, 2019 Jan 23, 2019 $0.28 normal
Feb 5, 2019 Feb 20, 2019 Jan 23, 2019 $0.14 special
Nov 6, 2018 Nov 21, 2018 Oct 24, 2018 $0.14 special
Nov 6, 2018 Nov 21, 2018 Oct 24, 2018 $0.26 normal
Aug 7, 2018 Aug 22, 2018 Jul 25, 2018 $0.26 normal
May 8, 2018 May 23, 2018 Apr 25, 2018 $0.26 normal
Feb 6, 2018 Feb 21, 2018 Jan 24, 2018 $0.22 normal
Oct 30, 2017 Nov 14, 2017 Oct 19, 2017 $0.22 normal
Aug 7, 2017 Aug 23, 2017 Jul 26, 2017 $0.22 normal
May 8, 2017 May 24, 2017 Apr 26, 2017 $0.22 normal
Feb 6, 2017 Feb 22, 2017 Jan 25, 2017 $0.22 normal
Nov 7, 2016 Nov 23, 2016 Oct 27, 2016 $0.19 normal
Nov 7, 2016 Nov 23, 2016 Oct 27, 2016 $0.2 normal
Aug 8, 2016 Aug 24, 2016 Jul 28, 2016 $0.2 normal
Aug 8, 2016 Aug 24, 2016 Jul 28, 2016 $0.19 normal
May 9, 2016 May 25, 2016 Apr 27, 2016 $0.18 normal
May 9, 2016 May 25, 2016 Apr 27, 2016 $0.19 normal
Feb 8, 2016 Feb 24, 2016 Jan 27, 2016 $0.2 normal
Feb 8, 2016 Feb 24, 2016 Jan 27, 2016 $0.18 normal

Columbia Banking System dividend payout ratio

What is Columbia Banking System dividend payout ratio compared to the sector

Payout ratio

COLB has a payout ratio of 66.3% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 36.5%, Columbia Banking System's payout ratio is 82% higher.

Total amount of dividends paid per financial year (from cash flow)

COLB dividend vs peer dividends

How does COLB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
COLB Columbia Banking System Inc 5.78% $1.38 66.3%
BMRC Bank of Marin Bancorp 4.91% $1 49.8%
HFWA Heritage Financial Corp 4.67% $0.88 39.6%
BOH Bank Of Hawaii Corp 4.47% $2.8 56.8%
BANR Banner Corp 4.05% $1.92 33.7%
EWBC East West Bancorp Inc 2.92% $1.92 21.5%

Frequently asked questions

Does Columbia Banking System pay a dividend?

Yes, Columbia Banking System has paid four dividends in the last twelve months. COLB has been paying dividends since 2003.

When is Columbia Banking System's next dividend?

At this point we don't have a record of COLB's next dividend date, but based on the current dividend schedule we project that it will likely be in February 2024.

When was COLB's last dividend?

Columbia Banking System's last dividend ex-date was on Nov 22, 2023. The dividend amount was $0.36 per share.

How much dividend does Columbia Banking System pay (per share)?

COLB has paid dividend of $1.38 per share in the last year.

What is Columbia Banking System's dividend yield?

Columbia Banking System's current dividend yield is 6.15%.

How often does Columbia Banking System pay dividends?

Columbia Banking System pays dividends quarterly.

What is Columbia Banking System's dividend payout ratio?

Columbia Banking System's dividend payout ratio is 66.3%.

Does Columbia Banking System pay a good dividend?

Columbia Banking System's dividend yield is more than the Financial Services sector average.