INDIANA, Pa., Jan. 23, 2018 /PRNewswire/ -- The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank with locations in Pennsylvania, Ohio and New York, declared a $0.22 per share cash dividend at its regular meeting held January 22, 2018. This is an increase of 10 percent compared to a common stock dividend of $0.20 per share declared in the same period in the prior year. The annualized yield using the January 22, 2018 closing price of
$41.79 is 2.1 percent. The dividend is payable February 22, 2018 to shareholders of record on February 8, 2018.
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, Pa. and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902, and operates locations in Pennsylvania, Ohio and New York. For more information visit www.stbancorp.com or www.stbank.com.
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SOURCE S&T Bancorp, Inc.