The following table summarizes year-to-date dividend activity:

Declared

Regular Cash Dividends Per Common Share

Special Cash Dividends Per Common Share

Record Date

Paid Date

January 28, 2021

0.28

—

February 10, 2021

February 24, 2021

Subsequent to quarter end, on April 29, 2021, the Company declared a regular quarterly cash dividend of $0.28 per common share payable on May 26, 2021 to shareholders of record at the close of business on May 12, 2021.

The payment of cash dividends is subject to federal regulatory requirements for capital levels and other restrictions. In addition, the cash dividends paid by Columbia Bank to the Company are subject to both federal and state regulatory requirements.

For the three months ended March 31, 2021, the Company did not purchase any common shares under the share repurchase program.