United Community Banks, Inc. Announces Quarterly Cash Dividend on Common and Preferred Stock
November 14 2024 - 3:45PM
United Community Banks, Inc. (NYSE: UCB) (“United”, the “Company”),
reported that its Board of Directors approved a quarterly cash
dividend of $0.24 per share on the Company’s common stock. The
dividend is payable January 6, 2025 to shareholders of record as of
December 16, 2024.
The Board of Directors also approved a quarterly
cash dividend of $429.6875 per share (equivalent to $0.4296875 per
depositary share or 1/1000th interest per share) on the Company’s
6.875% Non-Cumulative Perpetual Preferred Stock, Series I (NYSE:
UCB PRI). The dividend is payable December 16, 2024 to shareholders
of record on November 29, 2024.
About United Community Banks, Inc.United
Community Banks, Inc. (NYSE: UCB) is the financial holding company
for United Community, a top 100 U.S. financial institution that is
committed to improving the financial health and well-being of its
customers and the communities it serves. United Community provides
a full range of banking, wealth management and mortgage services.
As of September 30, 2024, United Community Banks, Inc. had $27.4
billion in assets, 202 offices across Alabama, Florida, Georgia,
North Carolina, South Carolina, and Tennessee, as well as a
national SBA lending franchise and a national equipment lending
subsidiary. In 2024, United Community became a 10- time winner of
J.D. Power’s award for the best customer satisfaction among
consumer banks in the Southeast region and was recognized as the
most trusted bank in the Southeast. In 2023, United was named by
American Banker as one of the “Best Banks to Work For” for the
seventh consecutive year and was recognized in the Greenwich
Excellence and Best Brands Awards, receiving 15 awards that
included national honors for overall satisfaction in small business
banking and middle market banking. Forbes has also consistently
listed United Community as one of the World’s Best Banks and one of
America’s Best Banks. Additional information about United can be
found at ucbi.com.
For more information:Jefferson
HarralsonChief Financial Officer(864)
240-6208Jefferson_Harralson@ucbi.com
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