BankUnited (BKU) Rewards Shareholders With 7.4% Dividend Hike

BankUnited, Inc (BKU) has increased its quarterly dividend. The company announced a quarterly cash dividend of 29 cents per share, marking an increase of 7.4% from the prior payout. This dividend will be paid out on Apr 30, 2024, to shareholders of record as of Apr 12.Prior to this, BKU hiked its dividend by 8% to 27 cents per share on Feb 23, 2023. The company has increased its dividend payout four times in the past five years. Also, the company has five-year annualized dividend growth of 5.67%. Currently, ...