Press Release: United Bankshares Declares First Quarter Dividend

Dow Jones

25 Feb

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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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. \n</p>\n<p>\n     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\". \n</p>\n<p>\n     www.ubsi-inc.com \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20250224236171/en/ \n</p>\n<pre>\n \n    CONTACT:    W. Mark Tatterson \n</pre>\n<p>\n     Chief Financial Officer \n</p>\n<p>\n     (800) 445-1347 \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2025 15:45 ET (20:45 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: United Bankshares Declares First Quarter Dividend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: United Bankshares Declares First Quarter Dividend\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-25 04:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  United Bankshares Declares First Quarter Dividend \n</p>\n<pre>\nWASHINGTON &amp; CHARLESTON, W.Va.--(BUSINESS WIRE)--February 24, 2025-- \n</pre>\n<p>\n     United Bankshares, Inc. <a href=\"https://laohu8.com/S/UBSI\">$(UBSI)$</a> 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. \n</p>\n<p>\n     The dividend payout of approximately $53.0 million on 143.2 million shares is payable April 1, 2025. 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Mark Tatterson \n</pre>\n<p>\n     Chief Financial Officer \n</p>\n<p>\n     (800) 445-1347 \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2025 15:45 ET (20:45 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_MNQ","symbol_name":"微型NQ100指数","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514703717","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514703717","pubTimestamp":1740429900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"United Bankshares, Inc.  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. 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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. \n\n\n     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\". \n\n\n     www.ubsi-inc.com \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20250224236171/en/ \n\n\n \n    CONTACT:    W. Mark Tatterson \n\n\n     Chief Financial Officer \n\n\n     (800) 445-1347 \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 24, 2025 15:45 ET (20:45 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}