Columbia Banking System, Inc. (NASDAQ:COLB) Updates On Quarterly Dividend


As per Columbia Banking System, Inc. (NASDAQ:COLB) statement on 2016-07-28, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.39 per share as dividend to stakeholders. The record date is set as 2016-08-10, the payout date as 2016-08-24 and the ex-dividend date is 2016-08-08.

Last fiscal Columbia Banking System, Inc. (NASDAQ:COLB) disbursed cash dividend of $0.39. A year ago, the payout was $0.39, which indicates a difference of 42.5532%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.39, implying 101.8408% growth.

For the period ended on 2015-12-31, Columbia Banking System, Inc. (NASDAQ:COLB)’s earnings came at $0.44 per share compared to EPS of $0.45 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.47 per share.

The interim price target for Columbia Banking System, Inc. (NASDAQ:COLB) is set at $31.333. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Columbia Banking System, Inc. (NASDAQ:COLB) is seen at $32 and the lowest level is established at $31. This broad range highlights a standard deviation of $0.577 in reported estimates.

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