BankUnited, Inc. Announces 9 Percent Increase in Quarterly Dividend

Rhea-AI Summary

BankUnited, Inc. (NYSE:BKU) announced a quarterly cash dividend of $0.25 per share, marking a 9% increase from the previous $0.23 per share. The dividend is set to be paid on April 29, 2022 to shareholders on record by April 14, 2022. With total assets of $35.8 billion as of December 31, 2021, BankUnited continues to provide a full range of banking services in Florida and New York.

Positive

• Quarterly cash dividend increased by 9% to $0.25 per share.
• Total assets of $35.8 billion as of December 31, 2021, indicating financial strength.

Negative

• None.

MIAMI LAKES, Fla.--(BUSINESS WIRE)-- BankUnited, Inc. (NYSE:BKU), (the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per common share, reflecting a 9% increase from the previous quarterly cash dividend of $0.23 per common share. The dividend will be payable on April 29, 2022 to stockholders of record at the close of business on April 14, 2022.

About BankUnited, Inc.

BankUnited, Inc. (NYSE: BKU), with total assets of $35.8 billion at December 31, 2021 is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida and in the New York metropolitan area. BankUnited also offers certain commercial lending and deposit products through national platforms. For additional information, call (877) 779-2265 or visit www.BankUnited.com. BankUnited can be found on Facebook at facebook.com/BankUnited.Official and on Twitter @BankUnited.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220323005989/en/

Corporate Communications:

Donna Crump-Butler

305-231-6707

DButler@BankUnited.com

Source: BankUnited, Inc.

FAQ

What is the new cash dividend amount for BankUnited (BKU)?

BankUnited has declared a quarterly cash dividend of $0.25 per share.

When will the dividend for BKU be paid?

The dividend will be payable on April 29, 2022.

What is the record date for BankUnited's dividend?

The record date for the dividend is April 14, 2022.

How much was BankUnited's previous quarterly dividend?

The previous quarterly dividend was $0.23 per share.

What are BankUnited's total assets?

BankUnited reported total assets of $35.8 billion as of December 31, 2021.