United Bankshares Declares First Quarter Dividend
WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--February 24, 2025--
United Bankshares, Inc. $(UBSI)$ today announced that its Board of Directors declared a first quarter 2025 dividend of $0.37 per share for shareholders of record as of March 14, 2025.
The dividend payout of approximately $53.0 million on 143.2 million shares is payable April 1, 2025. The year of 2024 represented the 51st consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record.
With the announced completion of its acquisition of Piedmont Bancorp, Inc. on January 10, 2025, United has more than $32 billion in assets and a network of over 240 locations across Georgia, South Carolina, North Carolina, Virginia, Maryland, Washington, D.C., West Virginia, Ohio, and Pennsylvania. United's stock is traded on the NASDAQ Global Select Market under the quotation symbol "UBSI".
www.ubsi-inc.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250224236171/en/
CONTACT: W. Mark Tatterson
Chief Financial Officer
(800) 445-1347
(END) Dow Jones Newswires
February 24, 2025 15:45 ET (20:45 GMT)
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