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Columbia Banking (COLB) was founded in 1953 and is based in Tacoma, Washington.

Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank.

The company provides a full range of banking services to small and medium sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. 

Three key data points gauge COLB or any dividend paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also indicate if any company has made, is making, and will make money.

COLB Price

Columbia share price rose 5.5% from $23.30 to $24.58 in the past year.

COLB Dividends

Columbia has paid variable quarterly dividends since May, 2003.

The current forward looking annual dividend of $1.44 yields 5.86% per Monday’s $24.58 closing price.

COLB Returns

Putting it all together, a $3.52 estimated gross gain per share shows up when adding Columbia Banking System’s annual $1.44 dividend to an estimated $2.08 annual price gain (the median set by 12 analysts ). 

That estimated one year target gain, plus the dividend, compose the $3.52 gross gain.

A little over $1000 invested at the recent $24.58 share price would buy 41 shares which, multiply the $3.52 gross gain estimate up to $144.32

Furthermore, about 41% of that $144.00 gain comes from the $58.60 in annual dividends generated from a $1,000 investment.

Besides, the $58.60 annual dividend amounts to about 2.4 times more than the recent $24.58 single-share price.

(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on Columbia Banking System and its 5.86% dividend yield along with its 22 year dividend record.

The exact track of COLB’s future share price and dividends will entirely be determined by market action and company finances.

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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