Sterling Bancorp Announces Quarterly Dividend of $0.07 (STL)
Sterling Bancorp (NYSE:STL) announced a quarterly dividend on Tuesday, February 4th, American Banking News reports. Investors of record on Friday, February 14th will be paid a dividend of 0.07 per share on Monday, February 24th. This represents a $0.28 annualized dividend and a dividend yield of 2.29%.
Shares of Sterling Bancorp (NYSE:STL) traded up 0.82% on Tuesday, hitting $12.25. 245,163 shares of the company’s stock traded hands. Sterling Bancorp has a 52-week low of $8.68 and a 52-week high of $13.52. The stock has a 50-day moving average of $13.04 and a 200-day moving average of $11.77. The company has a market cap of $1.027 billion and a P/E ratio of 21.06.
Sterling Bancorp is a bank holding company and a financial holding company. The Company and its subsidiaries provide banking and related financial services and products to customers primarily in New York, New Jersey and Connecticut (NYSE:STL).
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