Columbia Sportswear Company (NASDAQ:COLM) Declares $0.30 Quarterly Dividend

Columbia Sportswear Company (NASDAQ:COLM) announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Thursday, May 21st will be given a dividend of 0.30 per share by the textile maker on Thursday, June 4th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Thursday, May 21st.

Columbia Sportswear has raised its dividend payment by an average of 0.4%annually over the last three years. Columbia Sportswear has a payout ratio of 33.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Columbia Sportswear to earn $3.98 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 30.2%.

Columbia Sportswear Stock Performance

NASDAQ COLM traded up $0.82 during trading on Friday, reaching $61.74. 612,907 shares of the company traded hands, compared to its average volume of 681,354. The stock’s 50 day moving average price is $58.12 and its two-hundred day moving average price is $56.15. The company has a market cap of $3.16 billion, a price-to-earnings ratio of 19.14 and a beta of 0.89. Columbia Sportswear has a 1-year low of $47.47 and a 1-year high of $71.68.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.30. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The company had revenue of $779.01 million for the quarter, compared to the consensus estimate of $758.26 million. During the same period in the previous year, the business earned $0.75 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. Columbia Sportswear has set its FY 2026 guidance at 3.550-4.000 EPS and its Q2 2026 guidance at -0.460–0.370 EPS. Equities research analysts expect that Columbia Sportswear will post 3.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of COLM. Farther Finance Advisors LLC raised its position in Columbia Sportswear by 195.4% in the 4th quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after purchasing an additional 297 shares during the last quarter. Sellwood Investment Partners LLC bought a new position in Columbia Sportswear in the 3rd quarter worth approximately $26,000. Fifth Third Bancorp raised its position in Columbia Sportswear by 630.0% in the 3rd quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock worth $27,000 after purchasing an additional 441 shares during the last quarter. Allworth Financial LP raised its position in Columbia Sportswear by 690.0% in the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after purchasing an additional 483 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in Columbia Sportswear by 250.0% in the 3rd quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after purchasing an additional 415 shares during the last quarter. Institutional investors own 47.76% of the company’s stock.

About Columbia Sportswear

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.