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United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) September 21, 2009 S&T Bancorp, Inc. (Exact Name of Registrant as Specified in its Charter) Pennsylvania (State or Other Jurisdiction of Incorporation) 0-12508 (Commission File Number) 25-1434426 (IRS Employer Identification No.) 800 Philadelphia Street, Indiana, PA 15701 Registrant's telephone number, including area code (800) 325-2265 Former name or address, if changed since last report Not Applicable
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(Address of Principal Executive Offices)
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Zip Code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 - Other Events |
The Board of Directors of S&T Bancorp, Inc. declared a $0.15 per share cash dividend at its regular meeting held September 21, 2009. The dividend is payable October 23, 2009 to shareholders of record on September 30, 2009. This dividend compares to a common stock dividend of $0.15 per share during the second quarter of 2009 and represents a 4.4 percent annualized yield using the September 21, 2009 closing price of $13.55. The Board of Directors also approved a change in timing of the declaration and payment of dividends to provide better alignment with quarterly earnings announcements effective for the fourth quarter 2009. This change will result in dividend declaration and payment dates that will be approximately 30 days later than our historical pattern, with the fourth quarter 2009 dividend announced and declared in January 2010, and payment made in February 2010. |
Item 9.01 - Financial Statements and Exhibits (99.1) Press Release |
SIGNATURES |
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September 21, 2009 |
S&T Bancorp, Inc.
/s/ Robert E. Rout Robert E. Rout
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Exhibit Index |
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Number |
Description |
Method of Filing |
99.1 |
Press Release |
Filed herewith |
TO BE RELEASED |
Contact: Rob Jorgenson |
9:00 a.m., Tuesday, September 22, 2009 |
724-465-5448 |
S&T Bancorp Declares Quarterly Cash Dividend
Indiana, Pennsylvania - The Board of Directors of S&T Bancorp, Inc. (NASDAQ: STBA) declared a $0.15 per share cash dividend at its regular meeting held September 21, 2009. The dividend is payable October 23, 2009 to shareholders of record on September 30, 2009. This dividend compares to a common stock dividend of $0.15 per share during the second quarter of 2009 and represents a 4.4 percent annualized yield using the September 21, 2009 closing price of $13.55.
The Board of Directors also approved a change in timing of the declaration and payment of dividends to provide better alignment with quarterly earnings announcements effective for the fourth quarter 2009. This change will result in dividend declaration and payment dates that will be approximately 30 days later than our historical pattern, with the fourth quarter 2009 dividend announced and declared in January 2010, and payment made in February 2010.
About S&T Bancorp, Inc.
Headquartered in Indiana, PA, S&T Bancorp, Inc. operates 55 offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties. With assets of $4.2 billion, S&T Bancorp, Inc. stock trades on the NASDAQ Global Select Market under the symbol STBA. For more information, visit stbank.com.
SOURCE: S&T Bancorp, Inc.