Union Bankshares Corporation Declares Quarterly Dividend

RICHMOND, Va., Jan. 24, 2019 (GLOBE NEWSWIRE) -- Union Bankshares Corporation has declared a quarterly dividend of $0.23 per share. The dividend amount is the same as the prior quarter's dividend and is a $0.02, or 10%, increase from the prior year's dividend.

Based on the stock's closing price of $31.97 on January 23, 2019, the dividend yield is approximately 2.8%. The dividend is payable on February 22, 2019 to shareholders of record as of February 8, 2019.

ABOUT UNION BANKSHARES CORPORATION
Headquartered in Richmond, Virginia, Union Bankshares Corporation UBSH is the holding company for Union Bank & Trust. Union Bank & Trust has 140 branches, 7 of which are operated as Xenith Bank, a division of Union Bank & Trust of Richmond, Virginia, and approximately 190 ATMs located throughout Virginia and in portions of Maryland and North Carolina. Non-bank affiliates of the holding company include: Old Dominion Capital Management, Inc., as well as its subsidiary Outfitter Advisors, Ltd., and Dixon, Hubard, Feinour, & Brown, Inc., all of which 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