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Article: BankUnited Financial Corporation Declares Regular Quarterly Interest Payments On Preferred Securities.
- Article from:
- PR Newswire
- Article date:
- June 5, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BankUnited Financial Corporation , parent company of BankUnited, FSB, has declared regular quarterly interest payments on preferred securities of its trust subsidiary.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010725/FLW025LOGO )
BankUnited declared its twelfth consecutive semi-annual interest payment of $51.25 per share on its 10.25% Trust Preferred Securities, payable on June 30, 2003 to securities holders of record on June 15, 2003
In May 2003, BankUnited Capital III announced that it will redeem all of its outstanding 9% Cumulative Trust Preferred Securities on June 30, 2003. The redemption price per security will be equal to $25.00 ...