Business & Finance
Business and Finance
Business and Finance
Tue, February 28, 2012Mon, February 27, 2012Sun, February 26, 2012Sat, February 25, 2012Fri, February 24, 2012Thu, February 23, 2012Wed, February 22, 2012Tue, February 21, 2012Sterling Bancorp Declares Cash Dividend of $0.09 per Share
Published in Business and Finance on Thursday, February 23rd 2012 at 9:31 GMT by Market Wire
Sterling Bancorp Declares Cash Dividend of $0.09 per Share -- NEW YORK, Feb. 23, 2012 /PRNewswire/ --
Sterling Bancorp Declares Cash Dividend of $0.09 per Share
NEW YORK, Feb. 23, 2012 /PRNewswire/ -- Sterling Bancorp (NYSE: [ STL ]), a financial holding company headquartered in New York City and the parent company of Sterling National Bank, today announced that the Company's Board of Directors has declared a cash dividend of $0.09 per common share, payable on March 31, 2012 to shareholders of record as of March 15, 2012. This declaration extends the Company's history of continuous cash dividends to 265 consecutive quarters over 66 years.
About Sterling Bancorp
Sterling Bancorp (NYSE: [ STL ]) is a New York City-based financial corporation with assets exceeding $2.4 billion. Since 1929, Sterling National Bank, the company's principal banking subsidiary, has successfully served the needs of businesses, professionals and individuals in the New York metropolitan area and beyond. Sterling is well-known for its high-touch, hands-on approach to customer service and a special focus on serving the business community.
Sterling offers clients a full range of depository and cash management services plus a broad portfolio of financing solutions – including working capital lines, accounts receivable and inventory financing, factoring, trade financing, payroll funding and processing, equipment financing, commercial and residential mortgages and mortgage warehouse lines of credit.
SOURCE Sterling Bancorp
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