State Bank Financial (STBZ) Doubles Qtr. Dividend to 14c/Share; Yields 2.5% Yield

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Go back to State Bank Financial (STBZ) Doubles Qtr. Dividend to 14c/Share; Yields 2.5% Yield

State Bank Financial Corporation Doubles Quarterly Cash Dividend

November 18, 2015 4:10 PM EST

ATLANTA, Nov. 18, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of State Bank Financial Corporation (NASDAQ: STBZ) today declared a quarterly dividend of $.14 per common share payable on December 22, 2015 to the common stock shareholders of record as of December 14, 2015.  The dividend represents an increase of $.07 per common share, or 100%, over the dividend paid in the previous quarter.

Joe Evans, Chairman and CEO of State Bank Financial, commented, As a result of successful execution of our strategies in 2015 and our strong capital position, we are able to confidently double our quarterly dividend... More