Union Bankshares Corporation Declares Quarterly Dividend
May 01 2018 - 4:03PM
Union Bankshares Corporation has declared a quarterly dividend of
$0.21 per share. The dividend amount is the same as the prior
quarter’s dividend and is a $0.01, or 5%, per share increase from
the prior year’s quarterly dividend level.
Based on the stock’s closing price of $38.45 on April 27, 2018,
the dividend yield is approximately 2.2%. The dividend is
payable on May 25, 2018 to shareholders of record as of May 11,
2018.
ABOUT UNION BANKSHARES CORPORATIONHeadquartered
in Richmond, Virginia, Union Bankshares Corporation (NASDAQ:UBSH)
is the holding company for Union Bank & Trust, which has 150
branches, 39 of which are operated as Xenith Bank, a division of
Union Bank & Trust of Richmond, Virginia, and approximately 216
ATMs located throughout Virginia and in portions of Maryland and
North Carolina. Union Bank & Trust also operates Shore
Premier Finance, a specialty marine lender. Non-bank
affiliates of the holding company include: Union Mortgage Group,
Inc., which provides a full line of mortgage products, Old Dominion
Capital Management, Inc. and Dixon, Hubard, Feinour, & Brown,
Inc., which both provide investment advisory services, and Union
Insurance Group, LLC, which offers various lines of insurance
products.
Contact: Bill Cimino (804) 448-0937, VP
and Director of Investor Relations
Union Bankshares Corp (NASDAQ:UBSH)
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