StellarOne Corporation (STEL) Raises Quarterly Dividend 50% to $0.06; 1.9% Yield

January 31, 2012 4:01 PM EST
StellarOne Corporation (NASDAQ: STEL) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 50% increase from the prior dividend of $0.04.

The dividend will be payable on February 27, 2012, to stockholders of record on February 10, 2012, with an ex-dividend date of February 8, 2012.

The annual yield on the dividend is 1.9 percent.


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