United Community Banks, Inc. Announces Quarterly Cash Dividends on Common and Preferred Stock
May 18 2023 - 4:30PM
United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported
that its Board of Directors approved a quarterly cash dividend of
$0.23 per share on the Company’s common stock. The dividend is
payable July 5, 2023 to shareholders of record as of June 15, 2023.
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 (NASDAQ:
UCBIO). The dividend is payable June 15, 2023 to shareholders of
record on May 31, 2023.
About United Community Banks, Inc.United
Community Banks, Inc. (NASDAQ: UCBI) is a top 100 U.S.
financial institution with $25.9 billion in assets, and
through its subsidiaries, provides a full range of banking, wealth
management and mortgage services. UCBI is the financial holding
company for United Community Bank ("United Community")
which has 207 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. United Community is committed to improving
the financial health and well-being of its customers and ultimately
the communities it serves. Among other awards, United
Community is a nine-time winner of the J.D.
Power award that ranked the bank #1 in customer satisfaction
with consumer banking in the Southeast and was recognized in 2023
by Forbes as one of the World's Best Banks and one of America's
Best Banks. The bank is also a multi-award recipient of the
Greenwich Excellence Awards, including the 2022 awards for Small
Business Banking-Likelihood to Recommend (South) and Overall
Satisfaction (South), and was named one of the "Best Banks to Work
For" by American Banker in 2022 for the sixth consecutive year.
Additional information about United can be found
at www.ucbi.com.
For more information:Jefferson
HarralsonChief Financial Officer(864)
240-6208Jefferson_Harralson@ucbi.com
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