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HomeMarket51st Consecutive Yr of Dividend Will increase for United Bankshares, Inc. By...

51st Consecutive Yr of Dividend Will increase for United Bankshares, Inc. By Investing.com

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WASHINGTON & CHARLESTON, W. Va.–(BUSINESS WIRE)–United Bankshares, Inc. (United) (NASDAQ: UBSI) immediately introduced that its Board of Administrators declared a fourth quarter dividend of $0.37 per share for shareholders of file as of December 13, 2024. Dividends per share of $1.48 for the yr 2024 represents a rise over the $1.45 per share paid for the yr of 2023. The dividend is payable January 2, 2025.

The yr 2024 marks the 51st consecutive yr of dividend will increase to United shareholders. United is one in every of solely two main banking corporations within the USA to have elevated its dividend to shareholders for at the very least 51 consecutive years.

As of September 30, 2024, United had consolidated property of roughly $30 billion and is the forty first largest banking firm within the U.S. primarily based on market capitalization. United is the dad or mum firm of United Financial institution, which contains greater than 225 places of work positioned all through Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia. United’s inventory is traded on the below the citation image UBSI.

www.ubsi-inc.com

W. Mark Tatterson
Chief Monetary Officer
(800) 445-1347

Supply: United Bankshares (NASDAQ:), Inc.

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