Columbia Financial (NASDAQ:CLBK) Shareholders to Get $0.05 Quarterly Dividend

Columbia Financial (NASDAQ:CLBK) announced a quarterly dividend on Thursday, October 29th. Investors of record on Tuesday, November 10th will be paid a dividend of $0.05 per share on Wednesday, November 25th. This represents a $0.20 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, November 10th.

Columbia Financial Stock Performance

NASDAQ CLBK opened at $10.73 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.98 and a quick ratio of 0.98. Columbia Financial has a 1 year low of $6.56 and a 1 year high of $12.00. The company has a market capitalization of $2.89 billion, a PE ratio of 31.99 and a beta of 0.26. The company has a fifty day moving average of $11.24 and a two-hundred day moving average of $16.06.

Columbia Financial (NASDAQ:CLBK) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.01. The company had revenue of $100.47 million for the quarter, compared to analyst estimates of $129.93 million. Columbia Financial had a return on equity of 5.25% and a net margin of 11.19%. As a group, analysts expect that Columbia Financial will post 0.59 earnings per share for the current year.

Columbia Financial Company Profile

Columbia Financial, Inc is the holding company for Columbia Bank, a community-focused financial institution headquartered in Fair Lawn, New Jersey. Columbia Bank provides banking and financial services to consumers, businesses and organizations through a network of branches and digital banking channels.

The bank’s products and services include checking and savings accounts, certificates of deposit, residential mortgages, home equity loans, consumer loans and commercial real estate and business lending.