Sterling Financial authorizes special dividend, accelerates quarterly dividend

theflyonthewall.com

Sterling Financial 's board of directors has authorized the declaration of a special cash dividend of 35c per common share payable on December 28 to shareholders of record as of December 21. The board has also authorized the accelerated payment of the regular quarterly cash dividend of 15c per common share that would have otherwise been declared and paid during Q1 2013. The record and payable dates for this regular cash dividend will be the same as for the special cash dividend.

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