Park Sterling Corp(PSTB) Declares Dividend of $0.0400.

Park Sterling Corp (PSTB) had declared a cash dividend of $0.0400 on Jan 25, 2017. The shares will quote ex-dividend on Feb 3, 2017 and the record date has been fixed for Feb 7, 2017. Based on Feb 3, 2017 share price, the yield comes out to be 1.42%. The dividend payable date has been fixed on Feb 22, 2017.

Park Sterling Corp (PSTB) made into the market gainers list on Tuesdays trading session with the shares advancing 0.08% or 0.01 points. Due to strong positive momentum, the stock ended at $11.8, which is also near the day’s high of $11.84. The stock began the session at $11.82 and the volume stood at 2,13,927 shares. The 52-week high of the shares is $12.18 and the 52 week low is $5.9. The company has a current market capitalization of $629 M and it has 5,33,01,533 shares in outstanding.

Park Sterling Corp(PSTB) last announced its earnings results on Jan 26, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $26.571M. Analysts had an estimated revenue of $25.950M. Earnings per share were $0.14. Analysts had estimated an EPS of $0.14.

Several Insider Transactions has been reported to the SEC. On Feb 2, 2017, Kim Stuart Price (director) sold 29,386 shares at $11.70 per share price.Also, On Feb 2, 2017, Bryan F. Iii Kennedy (President) sold 20,000 shares at $11.55 per share price.On Dec 6, 2016, Larry W. Carroll (director) sold 23,375 shares at $9.79 per share price, according to the Form-4 filing with the securities and exchange commission.

Park Sterling Corporation is a holding company for Park Sterling Bank (the Bank). The Bank is a North Carolina-chartered commercial nonmember bank. The Company provides banking services to small and mid-sized businesses owner-occupied and income-producing real estate owners residential builders institutions professionals and consumers doing business or residing within its target markets. It provides a range of banking products including personal non-profit checking accounts IOLTA individual retirement accounts business and personal money market accounts time deposits overdraft protection and online and mobile banking. Its wealth management activities include investment management private banking and investment brokerage services. Its cash management activities include remote deposit capture lockbox services sweep accounts and wire payments. Its capital markets activities include interest rate and currency risk management products loan syndications and debt placements.

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