{"id":399389,"date":"2020-12-14T16:13:24","date_gmt":"2020-12-14T21:13:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399389"},"modified":"2020-12-14T16:13:24","modified_gmt":"2020-12-14T21:13:24","slug":"sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\/","title":{"rendered":"Sterling Bancorp Declares\u00a0Quarterly Dividend on Preferred Stock"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">PEARL RIVER, N.Y., Dec.  14, 2020  (GLOBE NEWSWIRE) &#8212; Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share) on its 6.50% Series A Non-Cumulative Perpetual Preferred stock (NYSE: STLPRA). The dividend is payable January 15, 2021 to shareholders of record as of December 31, 2020.<\/p>\n<p>\n        <strong>About Sterling Bancorp<\/strong><br \/>\n        \n      <\/p>\n<p align=\"justify\">Sterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the communities we serve through teams of dedicated and experienced relationship managers. Sterling National Bank offers a complete line of commercial, business, and consumer banking products and services. For more information, visit the Sterling Bancorp website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jyXm6sFlpD20m_TYc366IdUZakU8UWVawgOqVr9benc7dz2w3ThqumXqQ_X8R2t78d28lyb8F1zA5caUcqotPnKAtPffUrXezfa3f1u7obg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sterlingbancorp.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>STERLING BANCORP CONTACT:<\/strong><br \/>\n        <br \/>\n        <strong>Emlen Harmon, SVP \u2013 Director of Investor Relations<\/strong><br \/>\n        <br \/>\n        <strong>212.309.7646<\/strong><br \/>\n        \n      <\/p>\n<p>Sterling Bancorp<br \/>Two Blue Hill Plaza, Second Floor<br \/>Pearl River, NY 10965<\/p>\n<p>T 845.369.8040<br \/>F 845.369.8255<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JC0MDn_rfq3q1qxk5X67KEnnSOAm8r6lG6Dvr7wEcOuoD5j8Iw71WLPAkZPYOKIifJSy3Fn3MYkJg_mUHWqIxMJwjrp89d1Yn3j4DIgeIzcrRvjLpzrjeh3y8DDstz5F\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.sterlingbancorp.com<\/a><br \/>\n        \n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5ODgxMSMzODYxOTkzIzIwODUwNTk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/c62b17cb-9f6f-48d8-ae90-befb288865cb\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PEARL RIVER, N.Y., Dec. 14, 2020 (GLOBE NEWSWIRE) &#8212; Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share) on its 6.50% Series A Non-Cumulative Perpetual Preferred stock (NYSE: STLPRA). The dividend is payable January 15, 2021 to shareholders of record as of December 31, 2020. About Sterling Bancorp Sterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the communities we serve through teams of dedicated and experienced relationship managers. Sterling National Bank offers a complete line of commercial, business, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sterling Bancorp Declares\u00a0Quarterly Dividend on Preferred Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399389","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sterling Bancorp Declares\u00a0Quarterly Dividend on Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sterling Bancorp Declares\u00a0Quarterly Dividend on Preferred Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PEARL RIVER, N.Y., Dec. 14, 2020 (GLOBE NEWSWIRE) &#8212; Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share) on its 6.50% Series A Non-Cumulative Perpetual Preferred stock (NYSE: STLPRA). The dividend is payable January 15, 2021 to shareholders of record as of December 31, 2020. About Sterling Bancorp Sterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the communities we serve through teams of dedicated and experienced relationship managers. Sterling National Bank offers a complete line of commercial, business, and &hellip; Continue reading &quot;Sterling Bancorp Declares\u00a0Quarterly Dividend on Preferred Stock&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-14T21:13:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5ODgxMSMzODYxOTkzIzIwODUwNTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sterling Bancorp Declares\u00a0Quarterly Dividend on Preferred Stock\",\"datePublished\":\"2020-12-14T21:13:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\\\/\"},\"wordCount\":162,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5ODgxMSMzODYxOTkzIzIwODUwNTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-bancorp-declares-quarterly-dividend-on-preferred-stock-4\\\/\",\"name\":\"Sterling Bancorp Declares\u00a0Quarterly Dividend on Preferred Stock - 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