HOUSTON, Oct. 28 /PRNewswire-FirstCall/ -- Sterling Bancshares, Inc. (Nasdaq :SBIB ), announced that its Board of Directors declared a quarterly cash dividend of $0.015 per share of common stock at the meeting held on October 25, 2010. The dividend is payable November 19, 2010 to shareholders of record on November 5, 2010.
Sterling Bancshares, Inc. is a Houston-based bank holding company with total assets of $5.0 billion, which operates 56 banking centers in the greater metropolitan areas of Houston, San Antonio, Fort Worth and Dallas, Texas. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol "SBIB". For more information on Sterling Bancshares, please visit the Company's web site at http://www.banksterling.com.
For More Information Contact:
J. Downey Bridgwater, Chairman, President
& Chief Executive Officer, (713) 507-2670
Zach L. Wasson, Executive Vice President
& Chief Financial Officer, (713) 507-1297
SOURCE Sterling Bancshares, Inc.