Glacier Bancorp (GBCI) will raise its quarterly dividend by 3.8 percent to 27 cents per share in 2019. This marks the 8th consecutive year of annual dividend increases by the financial company.

The company states that it now has declared 137 consecutive quarterly dividends and has increased the dividend 44 times. The next dividend is payable on July 18, 2019, to owners of record on July 9, 2019. A new annual rate of $1.08 per share yields 2.7% at a stock price of $40.

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).