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Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

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Sterling Bancorp (NYSE: STL) announced a quarterly cash dividend of $0.07 per share on January 19, 2022. This dividend will be payable on February 18, 2022, to shareholders who are on record as of January 24, 2022. The company aims to provide a full range of banking services to business owners and consumers, emphasizing its commitment to community engagement and customer relations.

Positive
  • Quarterly cash dividend of $0.07 per share enhances shareholder income.
  • Dividend payment signifies company confidence in financial stability.
Negative
  • None.

PEARL RIVER, N.Y., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payable February 18, 2022, to holders of record as of January 24, 2022.

About Sterling Bancorp

Sterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the communities we serve through teams of dedicated and experienced relationship managers. Sterling National Bank offers a complete line of commercial, business, and consumer banking products and services. For more information, visit the Sterling Bancorp website at www.sterlingbancorp.com.

STERLING BANCORP CONTACT:
Emlen Harmon, SVP – Director of Investor Relations
212.309.7646
 
Sterling Bancorp
Two Blue Hill Plaza, Second Floor
Pearl River, NY 10965
 
T 845.369.8040
F 845.369.8255
 
http://www.sterlingbancorp.com 

FAQ

What is the STL dividend amount for the upcoming payment?

The upcoming dividend amount is $0.07 per share.

When will Sterling Bancorp's dividend be paid?

The dividend will be paid on February 18, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is January 24, 2022.

How often does Sterling Bancorp pay dividends?

Sterling Bancorp typically pays dividends quarterly.

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