Columbia Banking System Inc. Announces Regular Quarterly Cash Dividend and Declares Special Cash Dividend, Payable on February 25, 2015
January 29, 2015 at 01:00 pm
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Columbia Banking System Inc. announced that a quarterly cash dividend of $0.16 per common share, and per common share equivalent for holders of preferred stock, will be paid on February 25, 2015 to shareholders of record as of the close of business on February 11, 2015.
In addition, the Board of Directors declared a special cash dividend of $0.14 per common share, and per common
share equivalent for holders of preferred stock, which will also be paid on February 25, 2015 to shareholders of
record as of the close of business on February 11, 2015.
Columbia Banking System, Inc. is the bank holding company for Umpqua Bank (the Bank). Through the Bank, the Company provides a broad range of banking, private banking, mortgage, and other financial services to corporate, institutional, small business, and individual customers. The bank offers specialized loans for corporate, middle market, and small business customers, including commercial lines of credit and term loans, and others. It offers deposit products, including non-interest-bearing checking accounts, analyzed business accounts, interest-bearing checking and savings accounts, money market accounts, insured cash sweep and other investment sweep solutions. The Bank also provides loans to individual borrowers for a variety of purposes, including secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. The Bank primarily operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington State.