Stellar Bancorp (STEL) Board approves $0.15 per share cash dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Stellar Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock. The dividend will be paid on March 31, 2026 to shareholders of record at the close of business on March 16, 2026.
The company, a Houston-based bank holding company whose principal subsidiary is Stellar Bank, provides commercial banking services primarily to small- and medium-sized businesses and individual customers across several Texas markets.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________
Form 8-K
____________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event Reported): February 25, 2026
(Exact Name of Registrant as Specified in Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
(Address of Principal Executive Offices) (Zip Code)
(713 ) 210-7600
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
| NYSE Texas | ||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
Declaration of Dividend
On February 25, 2026, the Stellar Bancorp, Inc. issued a press release announcing that on February 25, 2026, its Board of Directors declared a quarterly cash dividend in the amount of $0.15 per share of common stock payable on March 31, 2026, to the shareholders of record at the close of business on March 16, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference, including the cautionary language regarding forward-looking statements.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following are furnished as exhibits to this Current Report on Form 8-K:
| Exhibit Number | Description of Exhibit | ||||
| 99.1 | Dividend Declaration Press Release | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
STELLAR BANCORP, INC. | ||||||||
| Date: February 25, 2026 | By: | /s/ Paul P. Egge | ||||||
| Paul P. Egge | ||||||||
| Chief Financial Officer | ||||||||
Exhibit 99.1
PRESS RELEASE
STELLAR BANCORP, INC. ANNOUNCES QUARTERLY DIVIDEND
HOUSTON, February 25, 2026 - (BUSINESS WIRE) – Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) announced today that on February 25, 2026, its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock payable on March 31, 2026, to the shareholders of record at the close of business on March 16, 2026.
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
1
FAQ
What dividend did Stellar Bancorp (STEL) declare in this 8-K?
Stellar Bancorp declared a quarterly cash dividend of $0.15 per share of common stock. This dividend reflects the Board’s decision on February 25, 2026, and applies to all outstanding common shares on the record date.
When is the record date for Stellar Bancorp’s $0.15 dividend?
The record date for Stellar Bancorp’s $0.15 per share dividend is March 16, 2026. Shareholders who own the stock at the close of business on that date will be eligible to receive the cash payment.
When will Stellar Bancorp (STEL) pay its announced dividend?
Stellar Bancorp will pay its $0.15 per share quarterly cash dividend on March 31, 2026. Investors recorded as shareholders by the close of business on March 16, 2026, will receive the payment on that date.
Who approved the quarterly dividend at Stellar Bancorp?
Stellar Bancorp’s Board of Directors approved the quarterly cash dividend on February 25, 2026. Their action authorizes the $0.15 per share payment to shareholders of record as of March 16, 2026, with payment scheduled for March 31, 2026.
What type of company is Stellar Bancorp (STEL)?
Stellar Bancorp is a bank holding company headquartered in Houston, Texas. Its principal subsidiary, Stellar Bank, offers diversified commercial banking services to small- and medium-sized businesses and individual customers across Houston, Dallas, Beaumont and nearby Texas communities.
Does the dividend announcement include forward-looking statements?
Yes. The press release includes forward-looking statements subject to risks and uncertainties. It refers investors to risk factors in Stellar Bancorp’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other SEC filings for additional detail.