United Bankshares Declares Third Quarter Dividend
August 26 2024 - 3:05PM
Business Wire
United Bankshares, Inc. (“United”) (NASDAQ: UBSI), today
announced that its Board of Directors declared a third quarter
dividend of $0.37 per share for shareholders of record as of
September 13, 2024.
The dividend payout of approximately $50.0 million on 135.2
million shares is payable October 1, 2024. The year of 2023
represented the 50th consecutive year of dividend increases for
United shareholders. Only one other major banking company in the
USA has achieved such a dividend record.
As of June 30, 2024, United had consolidated assets of
approximately $30 billion and is the 38th largest banking company
in the U.S. based on market capitalization. United is the parent
company of United Bank, which comprises more than 225 offices
located throughout Washington, D.C., Virginia, West Virginia,
Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and
Georgia.
United’s stock is traded on the NASDAQ Global Select Market
under the quotation symbol "UBSI".
www.ubsi-inc.com
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W. Mark Tatterson Chief Financial Officer (800) 445-1347
United Bankshares (NASDAQ:UBSI)
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