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.