Union Bankshares Corporation Declares Quarterly Dividend

RICHMOND, Va., May 02, 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 $36.25 on May 1, 2019, the dividend yield is approximately 2.5%.  The dividend is payable on May 31, 2019 to shareholders of record as of May 17, 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 155 branches, 15 of which are operated as Access National Bank, a division of Union Bank & Trust of Richmond, Virginia, or Middleburg Bank, a division of Union Bank & Trust of Richmond, Virginia, and seven of which are operated as Xenith Bank, a division of Union Bank & Trust of Richmond, Virginia, and approximately 200 ATMs located throughout Virginia, and in portions of Maryland and North Carolina. Certain non-bank affiliates of the Company include: Old Dominion Capital Management, Inc., and its subsidiary Outfitter Advisors, Ltd., Dixon, Hubard, Feinour, & Brown, Inc., Capital Fiduciary Advisors, LLC, and Middleburg Investment Services, LLC, all of which provide investment advisory and/or brokerage services; Union Insurance Group, LLC, which offers various lines of insurance products; and Middleburg Trust Company, which provides trust services.

Contact:  Bill Cimino (804) 448-0937, VP and Director of Investor Relations