UBS Upgrades L’Oréal to Buy, Sees Strong Sales Momentum and 20% Upside 
OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook 
Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny 
Rio Tinto–Glencore Merger Talks Spark Investor Debate Over Value, Strategy and Coal Exposure 
xAI Cash Burn Highlights the High Cost of Competing in Generative AI 
Vitol to Ship First U.S. Naphtha Cargo to Venezuela Under New Oil Supply Deal 
SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally 
GM Takes $6 Billion EV Write-Down as Electric Vehicle Demand Slows in the U.S. 
Johnson & Johnson Secures Tariff Exemption by Agreeing to Lower Drug Prices in the U.S. 
Walmart to Join Nasdaq-100 Index as It Replaces AstraZeneca Following Exchange Move 
AustralianSuper Backs BlueScope Steel’s Rejection of $9 Billion Takeover Bid 
Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026 
Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks 
Federal Appeals Court Blocks Trump-Era Hospital Drug Rebate Plan 
FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites 
Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure 
China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges 
MONTEBELLO, N.Y., Oct. 24, 2017 -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payable November 20, 2017 to holders of record as of November 6, 2017.
About Sterling Bancorp
Sterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the communities we serve through teams of dedicated and experienced relationship managers. Sterling National Bank offers a complete line of commercial, business, and consumer banking products and services. For more information, visit the Sterling Bancorp website at www.sterlingbancorp.com.
STERLING BANCORP CONTACT:
Luis Massiani, SEVP & Chief Financial Officer
845.369.8040
Sterling Bancorp
400 Rella Boulevard
Montebello, NY 10901-4243
T 845.369.8040
F 845.369.8255
http://www.sterlingbancorp.com
