Sterling Bancorp Declares Quarterly Dividend on Preferred Stock
Sterling Bancorp (NYSE: STL) announced a quarterly cash dividend of $16.25 per share on its 6.50% Series A Non-Cumulative Perpetual Preferred stock (NYSE: STLPRA). This dividend will be payable on April 15, 2021, to shareholders on record as of March 26, 2021. The company emphasizes its commitment to delivering quality banking services to business owners and consumers through dedicated relationship managers.
- Quarterly cash dividend of $16.25 per share enhances shareholder income.
- Continued support for business and consumer banking services signals company confidence.
- None.
PEARL RIVER, N.Y., March 15, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly cash dividend of
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, 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
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