Columbia Banking System (COLB) has released an update.
Columbia Banking System, Inc., the holding company for Umpqua Bank, has declared a quarterly cash dividend of $0.36 per common share, rewarding its shareholders. This payout is scheduled for March 11, 2024, and targets shareholders recorded by February 23, 2024. The move signifies the company’s commitment to delivering shareholder value and stability amidst the dynamic financial market landscape.
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For a comprehensive understanding of the announcement, you can read the full document here.