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Doral Financial Corporation Message Board

  • roderickb99 roderickb99 Aug 3, 2008 4:00 PM Flag

    PFD Divs Decld 7.22!!!

    Doral Financial Corporation Declares Cash Dividend on Four Series of Preferred Stock
    Tuesday July 22, 11:29 am ET


    SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Doral Financial Corporation (NYSE: DRL - News), a diversified financial services company, announced that it had declared the regular monthly cash dividends on the Company's 7% Noncumulative Monthly Income Preferred Stock, Series A (the "Series A Preferred Stock"), 8.35% Noncumulative Monthly Income Preferred Stock, Series B (the "Series B Preferred Stock") and 7.25% Noncumulative Monthly Income Preferred Stock, Series C (the "Series C Preferred Stock") for the months of July, August and September. The monthly dividend for the Series A, B and C preferred stock is $0.2917, $0.173958, $0.151042 per share, respectively and payable on July 31, 2008, September 1, 2008 and September 30, 2008. In the case of Series A Preferred Stock, the dividend is payable holders of record as of close of business on July 29, August 28, and September 26, 2008, with respect to the July, August and September monthly dividends respectively. In the case of the Series B and Series C Preferred Stock, the dividend is payable to holders of record as of close of business on July 15, August 15 and September 15, 2008, with respect to the July, August and September monthly dividends respectively.
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    Doral Financial Corporation also declared the quarterly dividend on the Company's 4.75% Perpetual Cumulative Convertible Preferred Stock, in the amount of $2.96875 per share. The dividend is payable on September 15, 2008 to holders of record as of the close of business on September 1, 2008.

 
DORLO
4.600.00(0.00%)Jul 28 12:26 PMEDT

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