Columbia Sportswear (NASDAQ:COLM) announced a quarterly dividend on Thursday, February 8th, RTT News reports. Shareholders of record on Friday, March 9th will be paid a dividend of 0.22 per share by the textile maker on Thursday, March 22nd. This represents a $0.88 dividend on an annualized basis and a yield of 1.20%. This is a boost from Columbia Sportswear’s previous quarterly dividend of $0.19.

Shares of Columbia Sportswear (NASDAQ COLM) traded down $2.03 on Thursday, reaching $73.30. 325,564 shares of the company’s stock were exchanged, compared to its average volume of 214,980. The stock has a market cap of $5,260.00, a price-to-earnings ratio of 27.00, a PEG ratio of 2.45 and a beta of 0.95. Columbia Sportswear has a 1-year low of $51.56 and a 1-year high of $78.26.

COLM has been the subject of a number of research reports. DA Davidson set a $77.00 target price on shares of Columbia Sportswear and gave the company a “buy” rating in a research note on Tuesday, December 5th. Stifel Nicolaus set a $74.00 price objective on Columbia Sportswear and gave the stock a “hold” rating in a research note on Friday, December 15th. Zacks Investment Research upgraded Columbia Sportswear from a “sell” rating to a “hold” rating in a research note on Friday, October 20th. Citigroup reiterated a “buy” rating and issued a $82.00 price target on shares of Columbia Sportswear in a research note on Tuesday, December 19th. Finally, Pivotal Research reiterated a “buy” rating and issued a $74.00 price target (up previously from $72.00) on shares of Columbia Sportswear in a research note on Friday, October 27th. Eight equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Columbia Sportswear has a consensus rating of “Buy” and an average target price of $72.00.

In other Columbia Sportswear news, Director Walter Klenz sold 11,608 shares of the stock in a transaction on Friday, November 17th. The stock was sold at an average price of $66.05, for a total value of $766,708.40. Following the completion of the sale, the director now owns 21,619 shares in the company, valued at approximately $1,427,934.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 58.86% of the company’s stock.

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Columbia Sportswear Company Profile

Columbia Sportswear Company is an apparel and footwear company. The Company designs, sources, markets and distributes outdoor lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. Its geographic segments are the United States, Latin America and Asia Pacific (LAAP), Europe, Middle East and Africa (EMEA), and Canada.

Dividend History for Columbia Sportswear (NASDAQ:COLM)

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