Does Columbia Banking System (COLB) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Columbia Banking System (COLB) pays a dividend with an approximate yield of ~4.6% as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does Columbia Banking System (COLB) pay a dividend?
Yes. Columbia Banking System distributes an approximate ~4.6% yield (early 2026), usually quarterly. Columbia reported net income of about $192 million and diluted EPS near $0.66 in the first quarter of 2026, with a net interest margin around 3.96% and return on average assets near 1.3%. The stock traded near $32, giving a market cap of roughly $9.3 billion and a valuation close to book value, with a trailing P/E around 12.7x and a forward P/E closer to 9x. The high dividend yield reflects both a generous payout and a share price that sits near tangible book rather than at a growth premium.
COLB dividend at a glance
| 2026-05-29 | $0.37 |
| 2026-02-27 | $0.37 |
| 2025-11-28 | $0.37 |
| 2025-08-29 | $0.36 |
| 2025-05-30 | $0.36 |
| 2025-02-28 | $0.36 |
COLB dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with COLB's investor relations page before relying on it.
How to think about COLB's dividend
- Yield is a snapshot: ~4.6% today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like COLB.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the COLB dividend
Columbia Banking System (COLB) pays an approximate ~4.6% dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the COLB guide. Walnut can show how COLB fits your real portfolio. It is not an investment adviser.
Build a basket around COLB with Walnut
Use Columbia Banking System as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does Columbia Banking System (COLB) pay a dividend?
+
Columbia Banking System has an approximate dividend yield of ~4.6% (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or COLB's investor relations page.
What is COLB's dividend yield?
+
Approximately ~4.6% as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.
How often does COLB pay its dividend?
+
US companies that pay dividends, like Columbia Banking System if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on COLB's investor relations page before relying on the timing.
Can I reinvest COLB dividends?
+
Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any COLB dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is COLB a good dividend stock?
+
Walnut is informational, not investment advice. With an approximate ~4.6% yield, COLB is more of an income name. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does COLB pay a dividend?
+
Yes. Columbia pays a quarterly cash dividend of about $0.37 per share, which translated to a yield of roughly 4.6% in mid-2026, well above the broad market average. The bank has also repurchased stock alongside the dividend.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with COLB's investor relations page or your broker.