TROY, Mich., May 23 /PRNewswire-FirstCall/ -- The Board of Directors of Flagstar Bancorp, Inc. announced the declaration of a second quarter dividend of $0.15 per share. The dividend is to be paid on June 30, 2006 to shareholders of record on June 16, 2006.
Flagstar also announced plans to audiocast its 2006 annual meeting of shareholders. As previously announced on February 28, 2006, the annual meeting will be held at 1:00 p.m. ET on Friday, May 26, 2006, at the Company's National Headquarters located at 5151 Corporate Drive, Troy, Michigan. The annual meeting will be available as a live audiocast on the Investor Relations section of http://www.flagstar.com/ .
Flagstar Bancorp, which has $15.1 billion in total assets, is the largest publicly held savings bank headquartered in the Midwest. Flagstar currently operates 143 banking centers located throughout southern Michigan, Indiana and Georgia and operates 97 loan centers in 26 states. Flagstar Bank originates loans nationwide and is one of the nation's top 30 originators of residential mortgage loans.
