Glacier Bancorp (GBCI) will raise its quarterly dividend by 5.3 percent to $0.20 per share in the second quarter of 2016. This follows a 5.6 percent dividend hike by the banking services company last year.

Glacier Bancorp, Inc. provides commercial banking services. The company offers a wide range of banking products and services, including retail banking business banking, real estate, commercial, agriculture, consumer and municipal loans; and mortgage origination services. The company serves individuals, small to medium-sized businesses, community organizations and public entities. Glacier Bancorp is the parent company for Glacier Bank, Kalispell, and its bank divisions: Bank of the San Juans (Durango, CO), Citizens Community Bank (Pocatello, ID), Collegiate Peaks Bank (Buena Vista, CO), First Bank of Montana (Lewistown, MT), First Bank (Powell, WY), First Community Bank Utah (Layton, UT), First Security Bank of Bozeman (MT), First Security Bank of Missoula (MT), First State Bank (Wheatland, WY), Mountain West Bank (Coeur d’Alene, ID), North Cascades Bank (Chelan, WA), The Foothills Bank (Yuma, AZ), Valley Bank of Helena (MT), and Western Security Bank (Billings, MT).