State Bank declares increase in quarterly dividend

The board of directors of State Bank Financial Corp. has declared a quarterly dividend of 7 cents per common share payable on Sept. 15 to the common stock shareholders of record as of Sept. 7. The dividend represents an increase of 1 cent per common share, or 16.7 percent, over the dividend paid in the previous quarter.

Atlanta-based State Bank Financial Corp. (NASDAQ:STBZ), with about $3.3 billion in assets as of June 30,, is the holding company for Macon-based State Bank and Trust Co. It operates 26 banking offices in metro Atlanta, Middle Georgia and Augusta, and five mortgage origination offices in the Atlanta, Augusta and Savannah markets.

To contact writer Linda S. Morris, call 744-4223 or find her on Twitter@MidGaBiz.

This story was originally published August 28, 2015 at 10:56 AM with the headline "State Bank declares increase in quarterly dividend ."