MIAMI LAKES, Fla.--(BUSINESS WIRE)--Feb. 28, 2012--
BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors
has declared a quarterly cash dividend of $0.17 per common share, an
increase of $0.03, or 21%, from the previous quarterly dividend of $0.14
per common share. The dividend will be payable on April 16, 2012 to
stockholders of record at the close of business on April 2, 2012.
About BankUnited, Inc.
BankUnited, Inc. is a savings and loan holding company with two
wholly-owned subsidiaries: BankUnited, which is one of the largest
independent depository institutions headquartered in Florida by assets,
and BankUnited Investment Services, Inc., a Florida insurance agency
which provides comprehensive wealth management products and financial
planning services. BankUnited is a federally-chartered,
federally-insured savings association headquartered in Miami Lakes,
Florida, with $11.3 billion of assets, more than 1,300 professionals and
95 branches in 15 counties at December 31, 2011. BankUnited, Inc. has
received regulatory approval to become a bank holding company through
its acquisition of Herald National Bank and the conversion of BankUnited
to a national bank. At the time it becomes a bank holding company,
BankUnited, Inc. will cease to be a savings and loan holding company.
For additional information, visit www.BankUnited.com.
Legal Information
On November 16, 2011, BankUnited, Inc. filed a definitive Proxy
Statement/Prospectus with the Securities and Exchange Commission (the
“SEC”) regarding the proposed merger of a BankUnited, Inc. subsidiary
with and into Herald National Bank (“Herald”). This Proxy
Statement/Prospectus has been mailed to Herald shareholders. INVESTORS
ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED
MERGER AND ANY OTHER RELEVANT DOCUMENTS FILED BY BANKUNITED, INC. WITH
THE SEC AND BY HERALD WITH THE OFFICE OF THE COMPTROLLER OF THE CURRENCY
(THE “OCC”), AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE
DOCUMENTS, BECAUSE THEY DO OR WILL CONTAIN IMPORTANT INFORMATION.
Investors can obtain a free copy of the Proxy Statement/Prospectus, as
well as other filings containing information about BankUnited, Inc. and
Herald at the SEC’s website (http://www.sec.gov),
with respect to information about BankUnited, Inc., and Herald’s website
(www.heraldnb.com),
with respect to information about Herald. Investors can also obtain
these documents, free of charge, at http://www.bankunited.com
under the tab “About Us” and then under the heading “Investor Relations”
and then under “SEC Filings.” Copies of the Proxy Statement/Prospectus
and any other filing by BankUnited, Inc. with the SEC and by Herald with
the OCC can also be obtained, free of charge, by directing a request to
Douglas J. Pauls, 14817 Oak Lane, Miami Lakes, FL 33016, (305) 461-6841.
Source: BankUnited, Inc.
BankUnited, Inc.
Corporate Communications:
Mary Harris,
305-817-8117
MHarris@BankUnited.com
