UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| Date of Report (Date of earliest event reported) | | August 16, 2007 |
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| Commission File Number: | | 1-5273-1 |
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Sterling Bancorp
(Exact name of Registrant as specified in its charter)
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New York | | 13-2565216 |
| |
(State of other jurisdiction
of incorporation) | | (IRS Employer
Identification No.) |
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| 650 Fifth Avenue, New York, New York | | 10019-6108 |
| |
| (Address of principal executive offices) | | (Zip Code) |
(212) 757- 3300
(Registrant’s telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c)
TABLE OF CONTENTS
ITEM 8.01
OTHER EVENTS
On August 16, 2007, the Company announced the declaration of a cash dividend of $0.19 per common share payable on September 30, 2007 to shareholders of record on September 15, 2007.
On August 16, 2007, the Company also announced that the Board of Directors increased the Company’s authority to repurchase common shares by an additional 800,000 shares. This increased the Company’s current authority to repurchase shares to approximately 896,000 common shares. The stock repurchases may be made from time to time in the open market or in privately negotiated transactions at prevailing market prices. Repurchased shares may be held as treasury shares and used for general corporate purposes.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DATE: August 17, 2007
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| BY: | | /s/ JOHN W. TIETJEN |
| | | |
| | | JOHN W. TIETJEN |
| | | Executive Vice President |
| | | and Chief Financial Officer |
