S&T Bancorp, Inc. Declares Dividend

S&T Bancorp (NASDAQ: STBA) has announced a quarterly cash dividend increase of $0.01, raising it to $0.34 per share.

Rhea-AI Summary

S&T Bancorp (NASDAQ: STBA) has announced a quarterly cash dividend increase of $0.01, raising it to $0.34 per share. This represents a 3.03% increase from the previous year's dividend of $0.33.

The dividend will be paid on May 29, 2025, to shareholders of record as of May 15, 2025. Based on the company's closing stock price of $37.17 on April 29, 2025, this dividend provides an annualized yield of 3.66%.

This dividend declaration, approved by the board of directors on April 30, 2025, demonstrates S&T Bank's commitment to providing shareholder value through regular cash distributions.

Positive

• Dividend increased by 3.03% to $0.34 per share
• Current annualized dividend yield of 3.66% based on recent share price

Negative

• None.

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INDIANA, Pa., April 30, 2025 /PRNewswire/ -- The board of directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, approved a $0.34 per share cash dividend on April 30, 2025. This is an increase of $0.01, or 3.03 percent, compared to a cash dividend of $0.33 in the same period in the prior year. The annualized yield using the April 29, 2025, closing price of $37.17 is 3.66 percent. The dividend is payable May 29, 2025, to shareholders of record on May 15, 2025.

About S&T Bancorp, Inc. and S&T Bank

S&T Bancorp Inc. is a $9.7 billion bank holding company that is headquartered in Indiana, Pennsylvania, and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in Pennsylvania and Ohio. For more information, visit stbancorp.com or stbank.com. Follow us on Facebook, Instagram and LinkedIn.

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SOURCE S&T Bancorp, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is S&T Bancorp's (STBA) new dividend amount for May 2025?

S&T Bancorp (STBA) approved a cash dividend of $0.34 per share, payable on May 29, 2025, to shareholders of record on May 15, 2025.

How much did S&T Bancorp increase its dividend in 2025?

S&T Bancorp increased its dividend by $0.01 per share or 3.03 percent, from $0.33 to $0.34 compared to the same period last year.

What is STBA's dividend yield based on April 2025 stock price?

Based on S&T Bancorp's closing price of $37.17 on April 29, 2025, the annualized dividend yield is 3.66 percent.

When is the record date for S&T Bancorp's May 2025 dividend?

The record date for S&T Bancorp's dividend is May 15, 2025, with payment scheduled for May 29, 2025.

How often does STBA pay dividends to shareholders?

While the press release doesn't specify the frequency, it shows STBA pays regular cash dividends, with the next payment scheduled for May 29, 2025.