Stellar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 30, 2022
November 18, 2022 at 09:00 am EST
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Stellar Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on December 30, 2022 to the CompanyÃs shareholders of record as of the close of business on December 15, 2022. The amount and timing of any future dividend payments to shareholders will be subject to the discretion of StellarÃs Board of Directors.
Stellar Bancorp, Inc. is a bank holding company. Through its wholly owned subsidiary, Stellar Bank (the Bank), the Company provides a diversified range of commercial banking services primarily to small-to-medium-sized businesses, professionals and individual customers within its markets. The Company offers a range of commercial and retail lending services, including commercial loans, loans to small businesses guaranteed by the small business administration (the SBA), mortgage loans, home equity loans, personal loans and automobile loans, among others. The types of deposit accounts that the Company offers are typical of most commercial banks and consist of checking accounts, commercial accounts, money market accounts, savings accounts and other time deposits of various types and terms. The Company operates over 54 full-service banking centers, with 37 banking centers in the Houston region, 16 banking centers in the Beaumont region and one banking center in Dallas, Texas.