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Dividends News: S&T Bancorp To Pay 15 Cents

July 22, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — The board of directors of S&T Bancorp, Inc. (NASDAQ: STBA) has declared a $0.15 per share cash dividend at its regular meeting held July 19. The dividend is payable August 25, 2010 to shareholders of record on July 30, 2010.

According to S&T, the dividend compares to a common stock dividend of $0.15 per share for the first quarter of 2010 and represents a 3.0 percent annualized yield using the stock’s July 19, 2010 closing price of $19.88.

Pennsylvania-based S&T Bancorp operates 53 offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties. The company posts assets of $4.1 billion.

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