Sterling Bancorp (NYSE:STL) Reports Dividend Payout


Sterling Bancorp (NYSE:STL) latest PR states that its stakeholders will get cash payout of $0.07 per share. For the dividend payment, the record date is 2016-08-08, the payment date is 2016-08-23, and the ex-dividend date is 2016-08-04. This news was issued on 2016-07-27.

Shareholders of Sterling Bancorp (NYSE:STL) will have to hold its stock till the ex-dividend date to be eligible for dividend. In last year the company paid a total dividend of $0.07 per share against the dividend payout of $0.07 a share in the comparable period, implying a difference of 0%.

The experts are predicting EPS of $0.29. Sterling Bancorp (NYSE:STL) has a short-range price target of $19.416, which is the average price of the stock opinions given by 6 analysts. These experts have placed the target range of $18 to $21 for the next year. Due to this, the standard deviation is noted at $1.02 after considering all the price estimates.

It can be explained as the deviation between the bullish and bearish price target as given by analysts. For the period closed on 2015-12-31, Sterling Bancorp (NYSE:STL) reported EPS of $0.27. The firm is likely to post financial figures for the quarter ending on 2016-09-30 on or around 2016-10-24.

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