INDIANA, Pa., Jan. 24, 2017 /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 $0.20 per share cash dividend at its regular meeting held January 23, 2017. This is an increase of 5.3 percent compared to a common stock dividend of $0.19 per share declared in the same period in the prior year. The annualized yield using the January 23, 2017 closing price of $37.12 is 2.2 percent. The dividend is payable February 23, 2017 to shareholders of record on February 9, 2017.
About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is a $6.7 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.