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United Bankshares, Inc. (NASDAQ:UBSI) today announced that its Board of Directors declared a first quarter 2020 dividend of $0.35 per share for shareholders of record as of March 13, 2020.
The dividend payout of approximately $35.5 million on 101.6 million shares is payable April 1, 2020. The year of 2019 represented the 46th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record.
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United has consolidated assets of approximately $19.7 billion. United is the parent company of United Bank, the largest community bank headquartered in the D.C. Metro region. United Bank which comprises 138 full-service banking offices and 15 George Mason Mortgage, LLC locations, is located throughout Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania and Washington, D.C. United's stock is traded on the NASDAQ Global Select Market under the quotation symbol "UBSI".
View source version on businesswire.com: https://www.businesswire.com/news/home/20200225005981/en/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.