Stellar Bancorp, Inc. has announced an increase in its quarterly dividend, with the board of directors declaring a cash dividend of $0.15 per share of common stock. This marks a $0.01 per share increase from the previous quarterly dividend of $0.14 per common share. The dividend is payable on December 31, 2025, to shareholders of record as of December 15, 2025.
Stellar Bancorp, Inc., headquartered in Houston, Texas, operates its principal banking subsidiary, Stellar Bank, which offers a diverse range of commercial banking services primarily to small* to medium-sized businesses and individual customers across Houston, Dallas, Beaumont, and surrounding communities in Texas. As a result of these announcements, the company's shares have moved 5.11% on the market, and are now trading at a price of $31.67. For more information, read the company's full 8-K submission here.
