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

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

Columbia Financial Trading Up 0.6%

Shares of Columbia Financial stock opened at $10.73 on Friday. The stock has a 50 day moving average of $11.24 and a 200 day moving average of $16.06. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 31.99 and a beta of 0.26. Columbia Financial has a fifty-two week low of $6.56 and a fifty-two week high of $12.00.

Columbia Financial (NASDAQ:CLBK) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. The business 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, research analysts predict that Columbia Financial will post 0.59 earnings per share 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.