Columbia Banking System lifts quarterly dividend 3% to $0.38 per share
Columbia Banking System raised its quarterly dividend 3%, to 38 cents a share from 37. Payment is due December 14, with the shareholder record date November 27.
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what happened
The board of Columbia Banking System approved a quarterly cash payment of $0.38 per common share. That is 3% above the previous level of 37 cents, Dow Jones Newswires reported. According to TradingView, citing the company's press release, the payment will be made on December 14, 2026, to shareholders on the register as of November 27, 2026.
The company links the higher payout to confidence in its financial performance and to the effect of significant share repurchases over the past year. The new rate works out to $1.52 a year, which at Thursday's closing price of $30.59 gives an annual yield of about 4.97%. TradingView also reported that the board recently authorized a $1.2 billion buyback, though the release gives no details on how it will be carried out.
why it matters
For the market this is a small event: a one-cent increase and ongoing share repurchases support the yield for shareholders. Investors following bank stocks should watch the company's next reports on buyback progress and earnings trends to judge how sustainable these payouts are.
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on polymarket
sources
- Columbia Banking System, Inc. (COLB) Raises Quarterly Dividend 3% to $0.38 — TradingView, 13 November 2026 at 13:15 UTC
- Columbia Banking System Increases Quarterly Dividend by 3% — Dow Jones Newswires, 13 November 2026 at 13:24 UTC
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