As per Sterling Bancorp (NYSE:STL) statement on 2016-07-27, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.07 per share as dividend to stakeholders. The record date is set as 2016-08-08, the payout date as 2016-08-23 and the ex-dividend date is 2016-08-04.
Last fiscal Sterling Bancorp (NYSE:STL) disbursed cash dividend of $0.07. A year ago, the payout was $0.07, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.07, implying 3.131% growth.
For the period ended on 2015-12-31, Sterling Bancorp (NYSE:STL)’s earnings came at $0.27 per share compared to EPS of $0.25 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-24. For this quarter, the analysts have earnings estimate of $0.29 per share.
The interim price target for Sterling Bancorp (NYSE:STL) is set at $18.9. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Sterling Bancorp (NYSE:STL) is seen at $19.5 and the lowest level is established at $18. This broad range highlights a standard deviation of $0.547 in reported estimates.
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