S&T Bancorp, Inc. Declares Dividend
Rhea-AI Summary
S&T Bancorp (NASDAQ: STBA) has announced a quarterly cash dividend of $0.34 per share, representing a 3.03% increase from the previous year's dividend of $0.33. The dividend will be paid on August 28, 2025, to shareholders of record as of August 14, 2025. Based on the July 29, 2025 closing price of $37.63, this dividend represents an annualized yield of 3.61%.
Positive
- Dividend increased by 3.03% year-over-year
- Attractive annualized dividend yield of 3.61%
Negative
- None.
News Market Reaction
On the day this news was published, STBA declined 0.62%, reflecting a mild negative market reaction. This price movement removed approximately $8M from the company's valuation, bringing the market cap to $1.30B at that time.
Data tracked by StockTitan Argus on the day of publication.
About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp Inc. is a
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SOURCE S&T Bancorp, Inc.