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Business Services Industry

Doral Financial Corporation Declares Cash Dividend on Three Series of Preferred Stock

Business Wire, Oct 1, 2007

SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE: DRL), a diversified financial services company, announced that, today, October 1, 2007, it paid the regular monthly cash dividend 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"), in the amount of $0.2917, $0.173958, $0.151042 per share, respectively.

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The dividend on each of the series was paid to the record holders as of the close of business on September 27, 2007 in the case of the Series A Preferred Stock, and to the record holders as of the close of business on September 15, 2007 in the case of Series B and Series C Preferred Stock.

Business Services Industry

Doral Financial Corporation Declares Cash Dividend on Three Series of Preferred Stock

Business Wire, Oct 1, 2007

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