dividend
confidence high
sentiment positive
materiality 0.55
Stellar Bancorp declares $0.13 dividend, authorizes $60M share repurchase through May 2025
Stellar Bancorp, Inc.
- Quarterly cash dividend of $0.13 per share declared, payable June 28, 2024 to holders of record June 14, 2024.
- Board authorized a new $60 million share repurchase program expiring May 31, 2025, replacing the current $60M program.
- Repurchases may be made in open market, block trades, privately negotiated, or under Rule 10b5-1 plans.