COLUMBIA, Md., Dec. 22 /PRNewswire/ -- Columbia Bancorp (Nasdaq: CBMD)
announced this day an increase in its quarterly common stock cash dividend
from $.07 to $.08 per share. Specifically, the Board of Directors of the
Company authorized and declared a quarterly cash dividend on common stock of
$.08 per share on December 21, 1998. The dividend will be paid on January 15,
1999 to stockholders of record at the close of business on January 4, 1999.
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(SM) 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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