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Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

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Sterling Bancorp (NYSE: STL) has declared a quarterly cash dividend of $0.07 per share, payable on November 15, 2021, to shareholders on record as of November 1, 2021. This announcement reflects the company’s ongoing commitment to returning value to its shareholders. Sterling Bancorp, the parent company of Sterling National Bank, focuses on providing banking solutions to business owners and consumers through dedicated relationship managers.

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

PEARL RIVER, N.Y., Oct. 20, 2021 (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 November 15, 2021 to holders of record as of November 1, 2021.

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
Emlen Harmon, Senior Managing Director – 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 dividend amount declared by Sterling Bancorp?

Sterling Bancorp has declared a dividend of $0.07 per share.

When will the dividend be paid?

The dividend will be paid on November 15, 2021.

Who is eligible for the dividend payout from Sterling Bancorp?

Holders of record as of November 1, 2021, are eligible for the dividend.

How often does Sterling Bancorp pay dividends?

Sterling Bancorp typically pays dividends quarterly.

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