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Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

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Rhea-AI Summary

Sterling Bancorp (NYSE: STL) announced a quarterly cash dividend of $0.07 per share, payable on August 16, 2021, to shareholders of record as of August 2, 2021. This decision reflects the company's ongoing commitment to returning value to shareholders. Sterling Bancorp, through its principal subsidiary Sterling National Bank, provides a full range of banking services to businesses and consumers.

Positive
  • Quarterly cash dividend of $0.07 per share increases shareholder income.
  • Dividend payment date of August 16, 2021, reinforces company’s commitment to shareholders.
Negative
  • None.

PEARL RIVER, N.Y., July 21, 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 August 16, 2021 to holders of record as of August 2, 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 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 dividend amount for Sterling Bancorp (STL)?

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

When will the dividend be paid by Sterling Bancorp?

The dividend will be payable on August 16, 2021.

What is the record date for the dividend of Sterling Bancorp (STL)?

The record date for the dividend is August 2, 2021.

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