BankUnited's latest quarterly cash dividend of $0.27 per share was issued to shareholders on record before Apr 11, 2023. The dividend distribution stands at $1.02 per share annually, which comes to a dividend yield of 5.21%. The latest BKU dividend of $0.27 is an increase from the previous $0.25 payout, representing a growth of 8%.
BKU has a dividend yield of 5.21% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.86%, BankUnited's dividend yield is 35% higher. The historical 5-year average of BKU's dividend yield is 2.8%, which is lower than the current one.
BankUnited has been paying dividends for the last 12 years. Our records show that BKU has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 9% since twelve months ago. And with the price of the stock down by 53% from a year ago, the dividend yield has increased by 131%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 11, 2023 | Apr 28, 2023 | Feb 23, 2023 | $0.27 | normal |
| Jan 12, 2023 | Jan 31, 2023 | Dec 20, 2022 | $0.25 | normal |
| Oct 13, 2022 | Oct 31, 2022 | Sep 26, 2022 | $0.25 | normal |
| Jul 13, 2022 | Jul 29, 2022 | Jun 27, 2022 | $0.25 | normal |
| Apr 13, 2022 | Apr 29, 2022 | Mar 23, 2022 | $0.25 | normal |
| Jan 13, 2022 | Jan 31, 2022 | Dec 23, 2021 | $0.23 | normal |
| Oct 13, 2021 | Oct 29, 2021 | Sep 27, 2021 | $0.23 | normal |
| Jul 14, 2021 | Jul 30, 2021 | Jun 30, 2021 | $0.23 | normal |
| Apr 14, 2021 | Apr 30, 2021 | Mar 31, 2021 | $0.23 | normal |
| Jan 13, 2021 | Jan 29, 2021 | Dec 29, 2020 | $0.23 | normal |
| Oct 14, 2020 | Oct 30, 2020 | Sep 30, 2020 | $0.23 | normal |
| Jul 14, 2020 | Jul 31, 2020 | Jun 26, 2020 | $0.23 | normal |
| Apr 13, 2020 | Apr 30, 2020 | Feb 19, 2020 | $0.23 | normal |
| Jan 13, 2020 | Jan 31, 2020 | Dec 19, 2019 | $0.21 | normal |
| Oct 11, 2019 | Oct 31, 2019 | Sep 12, 2019 | $0.21 | normal |
| Jul 11, 2019 | Jul 31, 2019 | Jun 26, 2019 | $0.21 | normal |
| Apr 11, 2019 | Apr 30, 2019 | Mar 19, 2019 | $0.21 | normal |
| Jan 11, 2019 | Jan 31, 2019 | Dec 21, 2018 | $0.21 | normal |
| Oct 15, 2018 | Oct 31, 2018 | Sep 24, 2018 | $0.21 | normal |
| Jul 13, 2018 | Jul 31, 2018 | Jun 25, 2018 | $0.21 | normal |
| Apr 11, 2018 | Apr 30, 2018 | Mar 23, 2018 | $0.21 | normal |
| Jan 11, 2018 | Jan 31, 2018 | Dec 27, 2017 | $0.21 | normal |
| Oct 13, 2017 | Oct 31, 2017 | Sep 25, 2017 | $0.21 | normal |
| Jul 12, 2017 | Jul 31, 2017 | Jun 29, 2017 | $0.21 | normal |
| Apr 11, 2017 | Apr 28, 2017 | Mar 30, 2017 | $0.21 | normal |
| Jan 11, 2017 | Jan 31, 2017 | Dec 28, 2016 | $0.21 | normal |
| Oct 13, 2016 | Oct 31, 2016 | Sep 28, 2016 | $0.21 | normal |
| Jul 13, 2016 | Jul 29, 2016 | Jun 27, 2016 | $0.21 | normal |
| Apr 13, 2016 | Apr 29, 2016 | Mar 24, 2016 | $0.21 | normal |
| Jan 13, 2016 | Jan 29, 2016 | Dec 29, 2015 | $0.21 | normal |
BKU has a payout ratio of 29.3% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 32.1%, BankUnited's payout ratio is 9% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BKU BankUnited Inc | 4.85% | $1.02 | 29.3% |
| COF Capital One Financial Corp | 2.17% | $2.4 | 16.4% |
| CCBG Capital City Bank Group Inc | 2.09% | $0.68 | 24.7% |
Yes, BankUnited has been paying dividends for the last 12 years.
BKU hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in July 2023.
BankUnited's last regular dividend was on Apr 11, 2023 (ex-date) with the amount of $0.27 per share.
BKU's annualized dividend per share is $1.02.
Currently BankUnited's dividend yield is 5.21%.
BankUnited has a quarterly dividend frequency.
BankUnited's dividend payout ratio is 29.3%.
BankUnited's dividend yield is higher than the Financial Services sector average.