COLB Columbia Banking System dividend history, payout ratio & dates
Columbia Banking System's latest cash dividend of $0.36 per share was issued to shareholders on record before Aug 23, 2024. The dividend distribution stands at $1.44 per share annually, which comes to a dividend yield of 5.99%.
Key dates
- COLB last dividend date: Aug 23, 2024
COLB dividend stats
vs. Financial Services sector
Dividend yield
COLB has a dividend yield of 5.99% which is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 2.98%, Columbia Banking System's dividend yield is 101% higher. Historically COLB's dividend yield has averaged at 4.5% in the last 5 years, which is less than the current yield.
Dividend history
Columbia Banking System has been paying dividends for the last 21 years. Our records show that COLB has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 9% since twelve months ago. However with the price of the stock up by 18% from a year ago, the dividend yield has a decrease of 8%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 23, 2024 | $0.36 | 5.77% |
| May 23, 2024 | $0.36 | 7.64% |
| Feb 22, 2024 | $0.36 | 7.96% |
| Nov 22, 2023 | $0.36 | 6.31% |
| Aug 24, 2023 | $0.36 | 6.69% |
| May 30, 2023 | $0.36 | 6.09% |
| Feb 3, 2023 | $0.3 | 3.68% |
| Oct 14, 2022 | $0.3 | 4.03% |
| Aug 2, 2022 | $0.3 | 4.07% |
| May 3, 2022 | $0.3 | 3.99% |
| Feb 1, 2022 | $0.3 | 3.33% |
| Oct 12, 2021 | $0.3 | 4.22% |
| Aug 10, 2021 | $0.28 | 3.01% |
| May 11, 2021 | $0.28 | 2.62% |
| Feb 9, 2021 | $0.28 | 2.62% |
| Nov 9, 2020 | $0.28 | 3.37% |
| Aug 4, 2020 | $0.28 | 3.91% |
| May 13, 2020 | $0.28 | 5.51% |
| Feb 4, 2020 | $0.28 | 2.83% |
| Nov 5, 2019 | $0.28 | 2.78% |
| Aug 6, 2019 | $0.28 | 3.21% |
| May 7, 2019 | $0.28 | 2.88% |
| Feb 5, 2019 | $0.28 | 2.88% |
| Nov 6, 2018 | $0.26 | 2.68% |
| Aug 7, 2018 | $0.26 | 2.3% |
| May 8, 2018 | $0.26 | 2.21% |
| Feb 6, 2018 | $0.22 | 2.12% |
| Oct 30, 2017 | $0.22 | 2.05% |
| Aug 7, 2017 | $0.22 | 2.18% |
| May 8, 2017 | $0.22 | 2.05% |
| Feb 6, 2017 | $0.22 | 2.01% |
| Nov 7, 2016 | $0.19 | 2.32% |
| Aug 8, 2016 | $0.2 | 2.4% |
| May 9, 2016 | $0.18 | 2.56% |
| Feb 8, 2016 | $0.2 | 2.53% |
| Nov 6, 2015 | $0.18 | 1.81% |
| Aug 3, 2015 | $0.16 | 1.85% |
| May 4, 2015 | $0.16 | 1.98% |
| Feb 9, 2015 | $0.14 | 1.98% |
Columbia Banking System dividend payout ratio
Payout ratio
COLB has a payout ratio of 63.2% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.6%, Columbia Banking System's payout ratio is 45% higher.
Total amount of dividends paid per financial year (from cash flow)
COLB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| COLB Columbia Banking System Inc | 5.99% | $1.44 | 63.2% |
| BMRC Bank of Marin Bancorp | 4.79% | $1 | N/A |
| BOH Bank Of Hawaii Corp | 4.4% | $2.8 | 78.4% |
| HFWA Heritage Financial Corp | 4.2% | $0.91 | 71.1% |
| BANR Banner Corp | 3.38% | $1.92 | 39.9% |
| EWBC East West Bancorp Inc | 2.66% | $2.13 | 27.1% |
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 was COLB's last dividend?
Columbia Banking System's last dividend ex-date was on Aug 23, 2024. The dividend amount was $0.36 per share.
How much dividend does Columbia Banking System pay (per share)?
COLB has paid dividend of $1.44 per share in the last year.
What is Columbia Banking System's dividend yield?
Columbia Banking System's current dividend yield is 5.99%.
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 63.2%.
Does Columbia Banking System pay a good dividend?
Columbia Banking System's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.