COLUMBIA, Md., June 23 /PRNewswire/ -- Columbia Bancorp (Nasdaq: CBMD)
announced this day continuation of its quarterly common stock cash dividend of
$.07 per share. The dividend amount of $.07 per share is comparable to the
$.14 per share declared in the first quarter 1998 and reflects the 2-for-1
stock split-up in the form of a 100% stock dividend paid June 19, 1998. The
dividend, which was declared June 22, 1998, will be paid on July 22, 1998 to
stockholders of record at the close of business on July 10, 1998.
Columbia Bancorp, headquartered in Columbia, Maryland, is a bank holding
company and parent company of The Columbia Bank, a commercial bank. The
Columbia Bank currently operates thirteen banking offices and provides a full
range of financial services to consumers and businesses. Columbia Bancorp's
Common Stock is traded on the National Market tier of The Nasdaq Stock Market
under the symbol "CBMD".
SOURCE Columbia Bancorp
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Related links:
http://www.columbank.com
CONTACT:
John A. Scaldara, Jr., CFO and Secretary of
Columbia Bancorp, 410-465-4800
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