Stellar Bancorp (NYSE: STEL) sets $0.15 per share quarterly 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 June 26, 2026 to shareholders of record at the close of business on June 15, 2026.
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.
Key Figures
Quarterly dividend per share: $0.15 per share
Dividend record date: June 15, 2026
Dividend payment date: June 26, 2026
3 metrics
Quarterly dividend per share
$0.15 per share
Declared May 20, 2026
Dividend record date
June 15, 2026
Shareholders of record at close of business
Dividend payment date
June 26, 2026
Quarterly cash dividend payment
Key Terms
quarterly cash dividend, shareholders of record, forward-looking statements
3 terms
quarterly cash dividend financial
"declared a quarterly cash dividend of $0.15 per share of common stock"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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): May 20, 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 May 20, 2026, the Stellar Bancorp, Inc. issued a press release announcing that on May 20, 2026, its Board of Directors declared a quarterly cash dividend in the amount of $0.15 per share of common stock payable on June 26, 2026, to the shareholders of record at the close of business on June 15, 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: May 20, 2026 | By: | /s/ Paul P. Egge | ||||||
| Paul P. Egge | ||||||||
| Chief Financial Officer | ||||||||
Exhibit 99.1
PRESS RELEASE
STELLAR BANCORP, INC. ANNOUNCES QUARTERLY DIVIDEND
HOUSTON, May 20, 2026 - (BUSINESS WIRE) – Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) announced today that on May 20, 2026, its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock payable on June 26, 2026, to the shareholders of record at the close of business on June 15, 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. The dividend reflects the company’s ongoing practice of returning cash to shareholders through regular quarterly payments.
When is the record date for Stellar Bancorp’s $0.15 dividend?
The record date for Stellar Bancorp’s $0.15 quarterly dividend is June 15, 2026. Shareholders who are on the company’s books at the close of business that day will be entitled to receive the dividend payment.
When will Stellar Bancorp pay its announced $0.15 dividend?
Stellar Bancorp will pay the $0.15 per share quarterly cash dividend on June 26, 2026. Investors holding shares as of the June 15, 2026 record date will receive the cash payment on this scheduled payment date.
What type of dividend did Stellar Bancorp declare?
Stellar Bancorp declared a quarterly cash dividend of $0.15 per share. A cash dividend means shareholders receive a cash payment rather than stock, providing direct income based on how many common shares they own on the record date.
Where can investors find more details about Stellar Bancorp’s dividend announcement?
More details are provided in a press release furnished as Exhibit 99.1 to the Form 8-K. The release reiterates the $0.15 per share amount, the June 15, 2026 record date, and the June 26, 2026 payment date for shareholders.