S&T Bancorp raises dividend 10.3% to 32c per share

The board of directors of S&T Bancorp, the holding company for S&T Bank, approved a 32c per share cash dividend, an increase of 3c, or 10.3%, compared to a cash dividend of 29c in the same period in the prior year. The annualized yield using the January 24 closing price of $32.37 is 4.0%. The dividend is payable February 23 to shareholders of record on February 10.