SPIRIT OF TEXAS BANCSHARES, INC. DECLARES QUARTERLY CASH DIVIDEND
Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) declared a quarterly cash dividend of $0.12 per share on February 24, 2022. The dividend will be paid on March 25, 2022 to shareholders of record on March 11, 2022. This ongoing commitment to shareholder returns reflects the company’s focus on delivering value. Spirit of Texas Bank offers a range of banking services across key Texas metropolitan areas.
- Quarterly cash dividend of $0.12 per share declared.
- Dividend payment reflects commitment to shareholder returns.
- None.
CONROE, Texas, Feb. 25, 2022 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) (the "Company"), the bank holding company for Spirit of Texas Bank, today announced that on February 24, 2022, its Board of Directors declared a quarterly cash dividend in the amount of
About Spirit of Texas Bancshares, Inc.
Spirit, through its wholly-owned subsidiary, Spirit of Texas Bank SSB (the "Bank"), provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. The Bank has 35 locations in the Houston, Dallas/Fort Worth, Bryan/College Station, Austin, San Antonio-New Braunfels, Corpus Christi, Austin and Tyler metropolitan areas, along with offices in North Central and South Texas. Please visit https://www.sotb.com for more information.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995, which may be identified by conditional or future language such as the word "will", among others. These statements (including future payments of dividends) are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including risks and factors related to our financial performance and results of operations, regulatory risks and the costs, effects, and results of regulatory examinations, reviews, or investigations, or the ability to obtain required regulatory approvals, interest rate risks, economic risks related to the impact of the novel coronavirus (including risks related to our customers' ability to pay, our ability to borrow, and the impact of a resultant recession generally), and other hazards such as weather conditions, other pandemics, acts of war or terrorist acts and the governmental or military response thereto, and those additional risks and factors set forth from time to time in the documents filed or furnished by the Company with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and, except as required by law, the Company undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.
Contacts: | Dennard Lascar Investor Relations |
Ken Dennard / Natalie Hairston | |
(713) 529-6600 | |
View original content:https://www.prnewswire.com/news-releases/spirit-of-texas-bancshares-inc-declares-quarterly-cash-dividend-301490700.html
SOURCE Spirit of Texas Bancshares, Inc.
FAQ
What is the dividend per share declared by STXB?
When will the dividend for STXB be paid?
What is the record date for the STXB dividend?
How often does Spirit of Texas Bancshares declare dividends?
What is the significance of the dividend announcement by STXB?
