BankUnited, Inc. Announces Quarterly Dividend

Rhea-AI Summary

BankUnited (NYSE:BKU) has declared a quarterly cash dividend of $0.29 per common share, approved by its Board of Directors. This dividend will be payable on July 31, 2024, to shareholders recorded by the close of business on July 12, 2024.

Positive

• Quarterly dividend of $0.29 per share declared.
• Dividend payable on July 31, 2024.
• Confidence shown by Board of Directors in declaring dividend.

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 July 31, 2024 to stockholders of record at the close of business on July 12, 2024.

About BankUnited, Inc.

BankUnited, Inc. (NYSE: BKU), with total assets of $35.1 billion at March 31, 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 and on Twitter @BankUnited.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240626154711/en/

Corporate Communications:

Donna Crump-Butler

305-231-6707

DButler@BankUnited.com

Source: BankUnited, Inc.

FAQ

What dividend did BankUnited (BKU) declare for the next quarter?

BankUnited declared a quarterly cash dividend of $0.29 per common share.

When is the BankUnited (BKU) dividend payable?

The dividend is payable on July 31, 2024.

What is the record date for BankUnited (BKU) dividend?

The record date for the dividend is July 12, 2024.

How often does BankUnited (BKU) pay dividends?

BankUnited pays dividends quarterly.

What is the significance of BankUnited (BKU) declaring a dividend?

Declaring a dividend indicates confidence in the company's financial health and provides income to shareholders.