TROY,
Mich., Oct. 28, 2022 /PRNewswire/ -- Flagstar
Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank,
FSB, today announced that its board of directors has declared a
special dividend of $2.50 per share
on its common stock. The dividend will be paid on November 17, 2022 to shareholders of record at
the close of business on November 7,
2022.
About Flagstar
Flagstar Bancorp, Inc. (NYSE: FBC) is a $25.4 billion savings and loan holding company
headquartered in Troy, Mich.
Flagstar Bank, FSB, provides commercial, small business, and
consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a
wholesale network of brokers and correspondents in all 50 states,
as well as 81 retail locations in 26 states. Flagstar is a leading
national originator and servicer of mortgage and other consumer
loans, handling payments and record keeping for $360 billion of loans representing more than 1.4
million borrowers. For more information, please visit
flagstar.com.
Forward-Looking Statements
This communication contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements are based on the current beliefs and
expectations of Flagstar Bancorp, Inc.'s management and are subject
to significant risks and uncertainties. Actual results may differ
from those set forth in the forward-looking statements. Factors
that could cause the Company's actual results to differ materially
from those described in the forward-looking statements can be found
in periodic Flagstar reports filed with the U.S. Securities and
Exchange Commission, which are available on the Company's website
(flagstar.com) and on the Securities and Exchange Commission's
website (sec.gov). Other than as required under United States securities laws, Flagstar
Bancorp does not undertake to update the forward-looking statements
to reflect the impact of circumstances or events that may arise
after the date of the forward-looking statements.
For further information
MEDIA: Susan Bergesen,
Corporate Communications, (248) 312-6237
View original content to download
multimedia:https://www.prnewswire.com/news-releases/flagstar-bancorp-announces-a-special-dividend-of-2-50-per-share-301661956.html
SOURCE Flagstar Bancorp, Inc.