---
schema_version: "secwatch.filing_event.v1"
accession: "0001473844-24-000017"
form_type: "8-K"
ticker: "STEL"
cik: "0001473844"
company_name: "Stellar Bancorp, Inc."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:09:09.777676+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Stellar Bancorp declares $0.13 dividend, authorizes $60M share repurchase through May 2025

## Summary
- 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.

## SEC filing metadata
- accession: 0001473844-24-000017
- form_type: 8-K
- ticker: STEL
- cik: 0001473844
- company_name: Stellar Bancorp, Inc.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473844/000147384424000017/0001473844-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473844/000147384424000017/stel-20240523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001473844-24-000017
- JSON: https://secwatch.observer/filing/0001473844-24-000017.json
- Plain text: https://secwatch.observer/filing/0001473844-24-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.