STOCK TITAN

Stellar Bancorp, Inc. Declares Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Stellar Bancorp (NYSE: STEL) has announced a quarterly cash dividend of $0.13 per share of common stock. The dividend was declared by the company's Board of Directors on August 22, 2024. Shareholders of record as of the close of business on September 13, 2024, will be eligible to receive the dividend, which is scheduled for payment on September 30, 2024. This announcement demonstrates Stellar Bancorp's commitment to providing regular returns to its shareholders and may be indicative of the company's financial stability and confidence in its future performance.

Stellar Bancorp (NYSE: STEL) ha annunciato un dividendo in contante trimestrale di $0,13 per azione di azioni ordinarie. Il dividendo è stato dichiarato dal Consiglio di Amministrazione dell'azienda il 22 agosto 2024. Gli azionisti registrati al termine dell'attività il 13 settembre 2024 avranno diritto a ricevere il dividendo, che è previsto per essere pagato il 30 settembre 2024. Questo annuncio dimostra l'impegno di Stellar Bancorp a fornire ritorni regolari ai suoi azionisti e può indicare la stabilità finanziaria dell'azienda e la fiducia nelle sue performance future.

Stellar Bancorp (NYSE: STEL) ha anunciado un dividendo en efectivo trimestral de $0.13 por acción de acciones ordinarias. El dividendo fue declarado por la Junta Directiva de la empresa el 22 de agosto de 2024. Los accionistas registrados al cierre del negocio el 13 de septiembre de 2024 serán elegibles para recibir el dividendo, que está programado para pagarse el 30 de septiembre de 2024. Este anuncio demuestra el compromiso de Stellar Bancorp de proporcionar retornos regulares a sus accionistas y puede ser indicativo de la estabilidad financiera de la empresa y de la confianza en su rendimiento futuro.

Stellar Bancorp (NYSE: STEL)은 보통주 한 주당 $0.13의 분기 현금 배당금을 발표했습니다. 이 배당금은 회사 이사회에서 2024년 8월 22일에 선언되었습니다. 2024년 9월 13일 영업 종료 시점을 기준으로 주주가 된 이들은 2024년 9월 30일에 지급될 배당금을 받을 자격이 있습니다. 이번 발표는 Stellar Bancorp가 주주에게 정기적인 수익을 제공하려는 의지를 보여주며, 회사의 재정적 안정성과 향후 성과에 대한 자신감을 나타낼 수 있습니다.

Stellar Bancorp (NYSE: STEL) a annoncé un dividende en espèces trimestriel de 0,13 $ par action d'actions ordinaires. Le dividende a été déclaré par le Conseil d'Administration de l'entreprise le 22 août 2024. Les actionnaires enregistrés à la clôture des opérations le 13 septembre 2024 seront éligibles pour recevoir le dividende, qui est prévu d'être payé le 30 septembre 2024. Cette annonce démontre l'engagement de Stellar Bancorp à fournir des rendements réguliers à ses actionnaires et peut être indicatif de la stabilité financière de l'entreprise et de la confiance en ses performances futures.

Stellar Bancorp (NYSE: STEL) hat eine vierteljährliche Bardividende von $0,13 pro Aktie für Stammaktien angekündigt. Die Dividende wurde vom Vorstand des Unternehmens am 22. August 2024 erklärt. Aktionäre, die bis zum Geschäftsschluss am 13. September 2024 im Register stehen, sind berechtigt, die Dividende zu erhalten, die für den 30. September 2024 zur Zahlung fällig ist. Diese Ankündigung zeigt das Engagement von Stellar Bancorp, seinen Aktionären regelmäßige Renditen zu bieten, und könnte auf die finanzielle Stabilität des Unternehmens und das Vertrauen in seine zukünftige Leistung hindeuten.

Positive
  • Declared quarterly dividend of $0.13 per share
  • Consistent dividend payments indicate financial stability
  • Demonstrates commitment to shareholder returns
Negative
  • None.

HOUSTON--(BUSINESS WIRE)-- Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that on August 22, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on September 30, 2024 to the Company’s shareholders of record as of the close of business on September 13, 2024.

About Stellar Bancorp, Inc.

Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company’s principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Dallas, Beaumont and surrounding communities in Texas.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated in such statements. Forward-looking statements speak only as of the date they are made and, except as required by law, the Company does not assume any duty to update forward-looking statements. Such forward-looking statements include, but are not limited to, statements concerning the Company’s plans, objectives, strategies, expectations, intentions and other statements that are not statements of historical fact, and may be identified by words such as “anticipates,” “believes,” “building,” “continue,” “could,” “drive,” “estimates,” “expects,” “extent,” “focus,” “forecasts,” “goal,” “guidance,” “intends,” “may,” “might,” “outlook,” “plan,” “position,” “probable,” “progressing,” “projects,” “prudent,” “seeks,” “should,” “target,” “view,” “will” or “would” or the negative of these words and phrases or similar words or phrases. For a list of factors that could cause actual results to differ materially from those set forth in the forward-looking statements, see the risk factors described in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other reports that are filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement.

IR@stellar.bank

Source: Stellar Bancorp, Inc.

FAQ

What is the dividend amount declared by Stellar Bancorp (STEL) for Q3 2024?

Stellar Bancorp (STEL) has declared a quarterly cash dividend of $0.13 per share of common stock for Q3 2024.

When will Stellar Bancorp (STEL) pay its Q3 2024 dividend?

Stellar Bancorp (STEL) will pay its Q3 2024 dividend on September 30, 2024.

What is the record date for Stellar Bancorp's (STEL) Q3 2024 dividend?

The record date for Stellar Bancorp's (STEL) Q3 2024 dividend is September 13, 2024, at the close of business.

How often does Stellar Bancorp (STEL) pay dividends?

Based on the announcement of a quarterly dividend, Stellar Bancorp (STEL) appears to pay dividends on a quarterly basis.

Stellar Bancorp, Inc.

NYSE:STEL

STEL Rankings

STEL Latest News

STEL Stock Data

1.31B
53.58M
15.32%
55.46%
0.96%
Banks - Regional
National Commercial Banks
Link
United States of America
HOUSTON