Columbia Banking System, Inc.
COLBFinancial Services · Stock · quarterly payer
Forward Yield
5.13%
Annual Dividend
$1.48
Payout Ratio
58%
5-Yr Growth
5.3%
Ex-Date
Aug 28, 2026
Frequency
Quarterly
Summary
As of September 2026, Columbia Banking System, Inc. (COLB) yields 5.13% ($1.48 per share annually), with a blended fair-value estimate of $34.34 — +15% upside, so it screens as fairly valued. Dividend safety grade: B (69/100). 5 years of dividend growth.
Is COLB a good dividend stock?
Yes, with caveatsColumbia Banking System, Inc. (COLB) pays a quarterly dividend yielding 5.13% ($1.48/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (58%)
- Strong 5.3% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.13%
- Payout Ratio
- 58%
- Annual Dividend
- $1.48
- 5-Yr Avg Growth
- 5.3%
- Ex-Dividend Date
- Aug 28, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.65
- Market Cap
- $8.1B
- P/E Ratio
- 11.3
- 5-Yr Total Return
- -12%
- 52-Week Range
- $23.83 – $33.68
- Dividend Safety
- B · 69/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
COLB Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+52%
5 Years
-12%
52-Week Range
$23.83 – $33.68
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is COLB worth?
Fairly valuedhigh confidenceOur blended fair-value estimate for Columbia Banking System, Inc. is $34.34 per share, versus a market price of $29.93. That implies the stock is roughly fairly priced.
Fair Value
$34.34
Current Price
$29.93
Gap
+15%
Margin of Safety
13%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -0.7% annual free-cash-flow growth. We model 2.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.5% discount rate (CAPM), 2.9% stage-1 growth, 2.5% terminal growth, $2.54 EPS, $1.48 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
COLB Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full COLB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 28, 2026 | — | $0.3700 | regular |
| May 29, 2026 | — | $0.3700 | regular |
| Feb 27, 2026 | — | $0.3700 | regular |
| Nov 28, 2025 | — | $0.3700 | regular |
| Aug 29, 2025 | — | $0.3600 | regular |
| May 30, 2025 | — | $0.3600 | regular |
| Feb 28, 2025 | — | $0.3600 | regular |
| Nov 29, 2024 | — | $0.3600 | regular |
| Aug 23, 2024 | — | $0.3600 | regular |
| May 23, 2024 | — | $0.3600 | regular |
| Feb 22, 2024 | — | $0.3600 | regular |
| Nov 22, 2023 | — | $0.3600 | regular |
| Aug 24, 2023 | — | $0.3600 | regular |
| May 30, 2023 | — | $0.3600 | regular |
Income Calculator
At $1.48 / yr per share
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