BofI Holding, Inc. Announces Quarterly Dividend on Series B Convertible Preferred Stock
October 14 2011 - 9:52AM
Marketwired
BofI Holding, Inc. (NASDAQ: BOFI), parent company of BofI Federal
Bank, announced today that its Board of Directors declared, on
September 15, 2011, a quarterly cash dividend of $4.00 per share on
the 12,117 shares of 6.0% Series B Non-Cumulative Perpetual
Convertible Preferred Stock that were outstanding on October 1,
2011. Such amount represents a quarterly dividend rate of $15.00
per share, pro-rated for the partial quarter during which these
shares were outstanding (September 7 to September 30, 2011). The
dividend is payable on October 17, 2011 to the preferred
stockholders of record at the close of business on October 1, 2011.
About BofI Holding, Inc. and BofI Federal
Bank
BofI Holding, Inc. is the holding company for BofI Federal Bank,
a nationwide branchless bank that provides financing for single and
multifamily residential properties, small-to-medium size businesses
in target sectors, and selected specialty finance receivables. With
over $2.0 billion in assets, BofI Federal Bank provides consumer
and business banking products through its low-cost distribution
channels and affinity partners. BofI Holding, Inc.'s common stock
is listed on the NASDAQ Global Select Market under the symbol
"BOFI" and is a component of the Russell 3000 Index.
Forward-Looking Safe Harbor Statement
This press release contains forward-looking statements that
involve risks and uncertainties. These forward-looking statements
are based upon BofI's current expectations. Actual results and the
timing of events could differ materially from those anticipated in
such forward-looking statements as a result of risks and
uncertainties, which include, without limitation, risks and
uncertainties detailed in BofI's filings with the Securities and
Exchange Commission. You are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the
date of this press release. All forward-looking statements are
qualified in their entirety by this cautionary statement, and BofI
undertakes no obligation to revise or update any forward-looking
statements to reflect events or circumstances after the date of
this press release.
Contact: BofI Holding, Inc. Gregory Garrabrants CEO 858/350-6203
Gregory.Garrabrants@BankofInternet.com
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