The board of directors of State Bank Financial Corp. has declared a quarterly dividend of 3 cents per common share.

The dividend will be paid on March 19 to the common stock shareholders of record as of Monday, March 11.

State Bank Financial is the holding company for Macon-based State Bank and Trust Co., which has about $2.68 billion in assets as of Dec. 31. State Bank has locations in metro Atlanta and Middle Georgia.