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Stock impact report

Stellar Bancorp, Inc. Announces Increase in Quarterly Dividend

Stellar Bancorp, Inc. (STEL) 
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock payable on December 31, 2024, to the shareholders of record at the close of business on December 13, 2024. This is an increase of $0.01 per share from the previous quarterly dividend of $0.13 per common share.About Stellar Bancorp, Inc.Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company’s principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Dallas, Beaumont and surrounding communities in Texas.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, Show less Read more
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