Columbia Financial (CLBK) to Distribute Quarterly Dividend of $0.05 on November 25th

Columbia Financial (NASDAQ:CLBK) declared a quarterly dividend on Tuesday, October 27th. 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 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, November 10th.

Columbia Financial Trading Up 1.0%

Columbia Financial stock opened at $11.11 on Friday. The business has a 50 day moving average price of $11.16 and a two-hundred day moving average price of $15.93. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.02. Columbia Financial has a 12 month low of $6.56 and a 12 month high of $12.00. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 38.67 and a beta of 0.27.

Columbia Financial (NASDAQ:CLBK) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.16 earnings per share 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 7.35% and a net margin of 8.54%. As a group, equities analysts forecast that Columbia Financial will post 0.56 EPS for the current year.

About Columbia Financial

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.