SOURCE: BofI Holding, Inc.

BofI Holding, Inc.

December 08, 2011 16:13 ET

BofI Holding, Inc. Announces Quarterly Dividend on Series B Convertible Preferred Stock

SAN DIEGO, CA--(Marketwire - Dec 8, 2011) - 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.

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