The company maintains its $0.15 per share dividend for the third consecutive quarter, yielding 1.6%.
StellarOne (STEL) announced a $0.15 per share quarterly dividend, consistent with its previous payouts. The dividend will be payable on June 26 to shareholders of record as of June 15, with an ex-dividend date also set for June 15.
The company has now declared a $0.15 dividend for three straight quarters, reflecting stability in its payout policy. The forward yield stands at 1.6%, aligning with prior distributions.
No immediate market reaction was disclosed in the announcement.