Ex-Div Reminder For Sterling Bancorp (STL)

Looking at the universe of stocks we cover at Dividend Channel, on 10/10/13, Sterling Bancorp ( STL) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 10/30/13. As a percentage of STL's recent stock price of $13.53, this dividend works out to approximately 0.67%, so look for shares of Sterling Bancorp to trade 0.67% lower — all else being equal — when STL shares open for trading on 10/10/13.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Below is a dividend history chart for STL, showing historical dividends prior to the most recent $0.09 declared by Sterling Bancorp :


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from STL is likely to continue, and whether the current estimated yield of 2.66% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of STL shares, versus its 200 day moving average:

Sterling Bancorp  200 Day Moving Average Chart

Looking at the chart above, STL's low point in its 52 week range is $8.30 per share, with $14.15 as the 52 week high point — that compares with a last trade of $13.53.

According to the ETF Finder at ETF Channel, STL makes up 1.81% of the First Trust Dow Jones Select MicroCap Index Fund ETF ( FDM) which is trading relatively unchanged on the day Tuesday.

According to Preferred Stock Channel, there is a series of preferred stock that is senior to STL, which trades under the symbol STL.PRA — more info ».

In Tuesday trading, Sterling Bancorp shares are currently down about 0.2% on the day.


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