BofI Holding, Inc. Announces Quarterly Dividend on Series B Convertible Preferred Stock
December 08 2011 - 4:13PM
Marketwired
BofI Holding, Inc. (NASDAQ: BOFI), parent company of BofI Federal
Bank, announced today that its Board of Directors has declared a
quarterly cash dividend on BofI Holding, Inc.'s 6.0% Series B
Non-Cumulative Perpetual Convertible Preferred Stock ("Series B
Preferred") for the quarter ending December 31, 2011. Series B
Preferred shares issued prior to October 1, 2011, shall receive
$15.00 per share. Series B Preferred shares issued on or after
October 1, 2011, will receive a prorated amount based on the number
of days the shares were outstanding as of January 1, 2012, which is
the record date. The payment date will be January 17, 2012.
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 $2.1 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.
Contact: BofI Holding, Inc. Gregory Garrabrants President and
CEO 858/350-6203 Gregory.Garrabrants@BofIFederalBank.com
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