BankUnited, Inc. Announces 24 Percent Increase In Quarterly Dividend
BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share and $0.21 per Preferred Stock share, an increase of $0.04, or 24%, from the previous quarterly dividend of $0.17 per common share and Preferred Stock share. The dividend will be payable on Dec. 27, 2012 to stockholders of record at the close of business on Dec. 13, 2012.
About BankUnited, Inc.
BankUnited, Inc. is a bank holding company with three wholly-owned
subsidiaries: BankUnited, N.A., which is one of the largest independent
depository institutions headquartered in Florida by assets, BankUnited
Investment Services, Inc., a Florida insurance agency which provides
comprehensive wealth management products and financial planning
services, and Herald National Bank, a commercial bank servicing the New
York City market. BankUnited, N.A., is a national bank headquartered in
Miami Lakes, Florida with $12.1 billion of assets, more than 1,350
professionals and 96 branches in 15 counties at September 30, 2012.
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