Columbia Financial (NASDAQ:CLBK) Announces Quarterly Dividend of $0.05

Columbia Financial (NASDAQ:CLBK) announced a quarterly dividend on Thursday, July 30th. Investors of record on Wednesday, August 12th will be paid a dividend of 0.05 per share on Wednesday, August 26th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, August 12th.

Columbia Financial Stock Performance

CLBK stock opened at $10.95 on Friday. Columbia Financial has a 1-year low of $6.21 and a 1-year high of $11.74. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.06. The firm has a market cap of $2.51 billion, a PE ratio of 43.80 and a beta of 0.25. The business’s 50-day moving average price is $19.23 and its two-hundred day moving average price is $18.36.

Columbia Financial (NASDAQ:CLBK) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.08. The company had revenue of $73.75 million during the quarter, compared to the consensus estimate of $71.15 million. Columbia Financial had a return on equity of 5.12% and a net margin of 10.91%. As a group, research analysts forecast that Columbia Financial will post 0.33 earnings per share for the current year.

About Columbia Financial

Columbia Financial, Inc is the bank holding company for Columbia Bank, a commercial bank headquartered in Fair Lawn, New Jersey. Through its principal subsidiary, Columbia Bank, the company offers a comprehensive suite of retail and commercial banking products and services. These offerings include deposit accounts, consumer and mortgage lending, commercial real estate financing, and business banking solutions tailored to small- and medium-sized enterprises.

On the consumer side, Columbia Bank provides checking and savings accounts, certificates of deposit, home equity lines of credit, and residential mortgage loans.