Sterling Bancorp Declares Cash Dividend on Common Stock

SOUTHFIELD, Mich.--(BUSINESS WIRE)-- Sterling Bancorp, Inc. (NASDAQ: SBT), the holding company of Sterling Bank and Trust, F.S.B., announced the approval of a cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.01 per common share, payable May 31, 2019 to shareholders of record at May 25, 2019.

About Sterling Bancorp, Inc.

Sterling Bancorp, Inc. is a unitary thrift holding company. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California, New York City and Bellevue, Washington. Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services. Sterling also has an operations center and a branch in Southfield, Michigan. Sterling was named as the top performing community bank in the United States with total assets between $3 billion and $10 billion in 2018 by S&P Global Market Intelligence for the second year in a row (in 2017 the asset range was $1 billion to $10 billion). For additional information, please visit the Company’s website at http://www.sterlingbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190513005744/en/

Investors
Financial Profiles
Allyson Pooley
310-622-8230
Larry Clark
310-622-8223
[email protected]

Source: Sterling Bancorp, Inc.

You May Also Be Interested In

• Pied Piper Launches New Era of Continuous Retailer Performance Monitoring and Proactive Alerts
• Crypto Fear Index Drops to 37, Best Crypto To Buy Now Buyers Hunt AlphaPepe Before Risk Appetite Returns
• Sydney Romero Selected as the Winner of the Inaugural Rawlings Gold Glove Award® in the AUSL