Glacier Bancorp (GBCI) will raise its quarterly dividend by 13 percent to $0.26 per share. Earlier this year the parent company for Glacier Bank already hiked its dividend by 2 cents to $0.23 quarterly.

The dividend is payable on July 19, 2018, to owners of record on July 10, 2018. The new dividend yield is 2.6%. The company has declared 133 consecutive quarterly dividends and has increased the dividend 43 times.

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).