BankUnited, Inc. Announces Quarterly Dividend

Rhea-AI Summary

BankUnited (NYSE:BKU) has announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share. The dividend will be paid on January 31, 2025, to stockholders who are on record as of the close of business on January 10, 2025.

Positive

• Maintains consistent dividend payment of $0.29 per share
• Demonstrates financial stability and commitment to shareholder returns

Negative

• None.

MIAMI LAKES, Fla.--(BUSINESS WIRE)-- BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share. The dividend will be payable on January 31, 2025, to stockholders of record at the close of business on January 10, 2025.

About BankUnited, Inc.

BankUnited, Inc. (NYSE: BKU), with total assets of $35.8 billion at September 30, 2024, 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, New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. 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, LinkedIn @BankUnited and on X @BankUnited.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241226980493/en/

Corporate Communications:

Donna Crump-Butler

305-231-6707

DButler@BankUnited.com

Source: BankUnited, Inc.

FAQ

What is BankUnited's dividend amount for Q1 2025?

BankUnited (BKU) has declared a quarterly cash dividend of $0.29 per common share for Q1 2025.

When is BankUnited's (BKU) next dividend payment date?

BankUnited's next dividend payment date is January 31, 2025.

What is the record date for BankUnited's Q1 2025 dividend?

The record date for BankUnited's Q1 2025 dividend is January 10, 2025.

What is BankUnited's (BKU) annual dividend yield based on the quarterly payment?

Based on the quarterly dividend of $0.29, BankUnited's annual dividend payment would be $1.16 per share. The yield would depend on the current stock price.