44th Consecutive Year of Dividend Increases for United Bankshares
November 10 2017 - 11:15AM
Business Wire
United Bankshares, Inc. (NASDAQ: UBSI) today announced that its
Board of Directors declared a fourth quarter dividend of $0.34 per
share for shareholders of record as of December 8, 2017. Dividends
per share of $1.33 for the year 2017 represents an increase over
the $1.32 per share paid for the year of 2016. The dividend payout
of approximately $35.7 million on 105.0 million shares is payable
January 2, 2018.
The year 2017 marks the 44th consecutive year of dividend
increases to United shareholders. United is one of only two major
banking companies in the USA to have increased its dividend to
shareholders for 44 consecutive years.
United has consolidated assets of approximately $19.1 billion
with 144 full service offices in West Virginia, Virginia, Maryland,
Ohio, Pennsylvania and Washington, D.C. United Bankshares’ stock is
traded on the NASDAQ Global Select Market under the quotation
symbol "UBSI."
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version on businesswire.com: http://www.businesswire.com/news/home/20171110005568/en/
United Bankshares, Inc.W. Mark Tatterson, 800-445-1347 ext.
8716Chief Financial Officer
United Bankshares (NASDAQ:UBSI)
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