S&T Bancorp Inc. Declares Dividend Payable on February 26, 2015
January 27, 2015 at 02:07 pm
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S&T Bancorp Inc. declared a $0.18 per share dividend at its regular meeting held on January 26, 2015, a 12.5% increase compared with the fourth quarter of 2013. The dividend is payable Feb. 26, 2015 to shareholders of record on February 12, 2015.
S&T Bancorp, Inc. is a bank holding company. The Companyâs segments include Commercial Real Estate (CRE), Commercial and Industrial (C&I), Commercial Construction, Business Banking, Consumer Real Estate and Other Consumer. The CRE segment includes loans secured by commercial purpose real estate, including both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and healthcare. The C&I segment includes loans made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory, or equipment financing. The Commercial Construction segment includes loans made to finance the construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment includes commercial loans made to small businesses. Consumer Real Estate segment includes loans secured by first and second liens.