S&T BANCORP, INC. INCREASES QUARTERLY CASH DIVIDEND

INDIANA, Pa., April 19, 2022 /PRNewswire/ -- The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, with operations in five markets including Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York, declared a $0.30 per share cash dividend at its regular meeting held April 18, 2022. This is an increase of $0.01, or 3.4 percent, compared to a common stock dividend of $0.29 per share declared in the prior quarter and a $0.02, or 7.1 percent, increase compared to the same period in the prior year. The annualized yield using the April 18, 2022 closing price of $28.07 is 4.3 percent. The dividend is payable May 19, 2022 to shareholders of record on May 5, 2022.