INDIANA, Pa., July 16, 2019 /PRNewswire/ -- The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, with operations in five markets including Western Pennsylvania, Central Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York declared a $0.27 per share cash dividend at its regular meeting held July 15, 2019. This is an increase of 8 percent compared to a common stock dividend of $0.25 per share declared in the same period in the prior year. The annualized yield using the July 15, 2019 closing price of $37.12 is 2.9 percent. The dividend is payable August 15, 2019 to shareholders of record on August 1, 2019.
About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is a $7.2 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was recently named by Forbes as a 2019 World's Best Bank and a 2018 Best-in-State Bank. Established in 1902, S&T Bank operates in five markets including Western Pennsylvania, Central Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. For more information visit stbancorp.com, stbank.com, and follow us on Facebook, Instagram, and LinkedIn.
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SOURCE S&T Bancorp, Inc.
Mark Kochvar, Chief Financial Officer, 724.465.4826, firstname.lastname@example.org