SOUTHFIELD, Mich.--(BUSINESS WIRE)--May 15, 2018--
Sterling Bancorp, Inc. (NASDAQ: SBT), the holding company of Sterling
Bankand Trust, F.S.B., announced the approval of a cash dividend by its
Board of Directors. The Board of Directors declared a cash dividend of
$.01 per common share, payable May 31, 2018 to shareholders of record at
May 25, 2018.
About Sterling Bancorp, Inc.
Sterling Bancorp, Inc. is a unitary thrift holding company. Its wholly
owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch
operations in San Francisco and Los Angeles, California and New York
City, and a loan production office in Seattle, Washington. Sterling
offers a broad range of loan products to the residential and commercial
markets, as well as retail and business banking services. Sterling also
has an operations center and a branch in Southfield, Michigan. Sterling
was named as the top performing community bank in the United States with
total assets between $1 billion and $10 billion in 2017 by SNL/S&P
Global Market Intelligence. For additional information, please visit the
Company’s website at www.sterlingbank.com.
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Source: Sterling Bancorp, Inc.
Larry Clark, 310-622-8223