Park Sterling Corp. (PSTB) Announces Quarterly Dividend of $0.02
Park Sterling Corp. (NASDAQ:PSTB) declared a quarterly dividend on Wednesday, January 29th, AnalystRatingsNetwork reports. Investors of record on Monday, February 10th will be given a dividend of 0.02 per share on Monday, February 24th. This represents a $0.08 dividend on an annualized basis and a yield of 1.19%.
On the ratings front, analysts at Keefe, Bruyette & Woods raised their price target on shares of Park Sterling Corp. from $6.50 to $7.40 in a research note to investors on Thursday, October 31st.
Shares of Park Sterling Corp. (NASDAQ:PSTB) traded down 0.88% during mid-day trading on Wednesday, hitting $6.72. The stock had a trading volume of 64,891 shares. Park Sterling Corp. has a one year low of $5.16 and a one year high of $7.28. The stock has a 50-day moving average of $6.94 and a 200-day moving average of $6.. The company has a market cap of $295.7 million and a price-to-earnings ratio of 24.57.
Park Sterling Corp., formerly Park Sterling Bank, is a North Carolina-chartered commercial bank. The Company offers deposit and loan banking services.
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