Glacier Bancorp (GBCI) will pay a special dividend of 20 cents per share in 2020. Earlier this year the company raised its quarterly dividend by another 7.4 percent to 29 cents per share, marking the 8th consecutive year of annual dividend increases by the financial company. Last year a 30 cent special dividend was announced.

The next dividend is payable on October 17, 2019, to owners of record on October 8, 2019. The regular annual rate of $1.16 per share yields 2.5% at a stock price of $45.78.

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).