BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based loans, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company also offers online, mobile, and telephone banking services. As of December 31, 2021, it operated through a network of 63 banking centers located in 13 Florida counties; and 4 banking centers in the New York metropolitan area. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.
BankUnited Dividend Announcement
• BankUnited announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-11
• BankUnited annual dividend for 2024 was $1.14
• BankUnited annual dividend for 2023 was $1.06
• BankUnited's trailing twelve-month (TTM) dividend yield is 2.75%
• BankUnited's payout ratio for the trailing twelve months (TTM) is 37.99%
• BankUnited's dividend growth over the last five years (2018-2023) was 4.76% year
• BankUnited's dividend growth over the last ten years (2013-2023) was 5.34% year
BankUnited Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | $0.29 | quarterly | 2024-10-31 |
2024-07-12 | $0.29 | quarterly | 2024-07-31 |
2024-04-11 | $0.29 | quarterly | 2024-04-30 |
2024-01-11 | $0.27 | quarterly | 2024-01-31 |
2023-10-12 | $0.27 | quarterly | 2023-10-31 |
2023-07-13 | $0.27 | quarterly | 2023-07-31 |
2023-04-11 | $0.27 | quarterly | 2023-04-28 |
2023-01-12 | $0.25 | quarterly | 2023-01-31 |
2022-10-13 | $0.25 | quarterly | 2022-10-31 |
2022-07-13 | $0.25 | quarterly | 2022-07-29 |
2022-04-13 | $0.25 | quarterly | 2022-04-29 |
2022-01-13 | $0.23 | quarterly | 2022-01-31 |
2021-10-13 | $0.23 | quarterly | 2021-10-29 |
2021-07-14 | $0.23 | quarterly | 2021-07-30 |
2021-04-14 | $0.23 | quarterly | 2021-04-30 |
2021-01-13 | $0.23 | quarterly | 2021-01-29 |
2020-10-14 | $0.23 | quarterly | 2020-10-30 |
2020-07-14 | $0.23 | quarterly | 2020-07-31 |
2020-04-13 | $0.23 | quarterly | 2020-04-30 |
2020-01-13 | $0.21 | quarterly | 2020-01-31 |
2019-10-11 | $0.21 | quarterly | 2019-10-31 |
2019-07-11 | $0.21 | quarterly | 2019-07-31 |
2019-04-11 | $0.21 | quarterly | 2019-04-30 |
2019-01-11 | $0.21 | quarterly | 2019-01-31 |
2018-10-15 | $0.21 | quarterly | 2018-10-31 |
2018-07-13 | $0.21 | quarterly | 2018-07-31 |
2018-04-11 | $0.21 | quarterly | 2018-04-30 |
2018-01-11 | $0.21 | quarterly | 2018-01-31 |
2017-10-13 | $0.21 | quarterly | 2017-10-31 |
2017-07-12 | $0.21 | quarterly | 2017-07-31 |
2017-04-11 | $0.21 | quarterly | 2017-04-28 |
2017-01-11 | $0.21 | quarterly | 2017-01-31 |
2016-10-13 | $0.21 | quarterly | 2016-10-31 |
2016-07-13 | $0.21 | quarterly | 2016-07-29 |
2016-04-13 | $0.21 | quarterly | 2016-04-29 |
2016-01-13 | $0.21 | quarterly | 2016-01-29 |
2015-09-29 | $0.21 | quarterly | 2015-10-15 |
2015-06-29 | $0.21 | quarterly | 2015-07-15 |
2015-03-30 | $0.21 | quarterly | 2015-04-15 |
2014-12-29 | $0.21 | quarterly | 2015-01-15 |
2014-09-29 | $0.21 | quarterly | 2014-10-15 |
2014-06-27 | $0.21 | quarterly | 2014-07-15 |
2014-03-28 | $0.21 | quarterly | 2014-04-15 |
2014-01-07 | $0.21 | quarterly | 2014-01-23 |
2013-09-27 | $0.21 | quarterly | 2013-10-15 |
2013-07-02 | $0.21 | quarterly | 2013-07-19 |
2013-03-27 | $0.21 | quarterly | 2013-04-15 |
BankUnited Dividend per year
BankUnited Dividend growth
BankUnited Dividend Yield
BankUnited current trailing twelve-month (TTM) dividend yield is 2.75%. Interested in purchasing BankUnited stock? Use our calculator to estimate your expected dividend yield:
BankUnited Financial Ratios
BankUnited Dividend FAQ
Other factors to consider when evaluating BankUnited as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: BankUnited's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, BankUnited publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, BankUnited distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from BankUnited are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: BankUnited sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, BankUnited distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BankUnited declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of BankUnited's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review BankUnited's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.