Columbia Financial (NASDAQ:CLBK) Shares Set to Pay Quarterly Dividend of $0.05

Columbia Financial (NASDAQ:CLBK) declared a quarterly dividend on Thursday, October 29th. Stockholders 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 dividend on an annualized basis 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 CLBK stock opened at $10.73 on Friday. The business’s fifty day moving average price is $11.24 and its 200 day moving average price is $16.06. The firm has a market capitalization of $2.89 billion, a PE ratio of 31.99 and a beta of 0.26. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.98 and a quick ratio of 0.98. Columbia Financial has a 1-year low of $6.56 and a 1-year high of $12.00.

Columbia Financial (NASDAQ:CLBK) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. The business had revenue of $100.47 million for the quarter, compared to analysts’ expectations of $129.93 million. Columbia Financial had a net margin of 11.19% and a return on equity of 5.25%. As a group, sell-side analysts forecast that Columbia Financial will post 0.59 EPS for the current fiscal 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.