United Community Banks, Inc. Announces Quarterly Cash Dividends on Common and Preferred Stock
May 13 2021 - 4:00PM
United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported
that its Board of Directors approved a quarterly cash dividend of
$0.19 per share on the Company’s common stock. The dividend is
payable July 5, 2021 to shareholders of record as of June 15, 2021.
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, 2021 to shareholders of
record on May 31, 2021.
About United Community Banks, Inc.United
Community Banks, Inc. (NASDAQ: UCBI) (United) provides a full range
of banking, wealth management and mortgage services for
relationship-oriented consumers and business owners. The company,
known as “The Bank That SERVICE Built,” has been recognized
nationally for delivering award-winning service. United has $18.6
billion in assets and 161 offices in Florida, Georgia, North
Carolina, South Carolina and Tennessee along with a national SBA
lending franchise and a national equipment lending subsidiary. In
2021, J.D. Power ranked United highest in customer satisfaction
with retail banking in the Southeast, marking seven out of the last
eight years United earned the coveted award. United was also named
"Best Banks to Work For" by American Banker in 2020 for the fourth
year in a row based on employee satisfaction. Forbes included
United in its inaugural list of the World’s Best Banks in 2019 and
again in 2020. Forbes also recognized United on its 2021 list of
the 100 Best Banks in America for the eighth consecutive year.
United also received five Greenwich Excellence Awards in 2020 for
excellence in Small Business Banking, including a national award
for Overall Satisfaction. 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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