FIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2025 DIVIDEND

Rhea-AI Summary

First United (NASDAQ: FUNC) has announced its second quarter 2025 dividend payment. The company's Board of Directors has declared a cash dividend of $0.22 per share. The dividend will be paid on May 1, 2025, to shareholders who hold the company's common stock as of the market close on April 17, 2025.

Positive

• Maintaining regular dividend payments

Negative

• None.

OAKLAND, Md., March 5, 2025 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.22 per share that will be payable on May 1, 2025, to holders of record of the Corporation's common stock as of the close of business on April 17, 2025. 

About First United Corporation

First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers.  The Bank's wholly-owned subsidiaries include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, both of which are finance companies, and First OREO Trust and FUBT OREO I, LLC, both of which were formed for the purposes of holding, servicing and disposing of the real estate that the Bank acquires through foreclosure or by deed in lieu of foreclosure.  The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership, which was formed for the purpose of acquiring, developing and operating low-income housing units in Garrett County, Maryland and a 99.9% non-voting membership interest in MCC FUBT Fund, LC, an Ohio limited liability company formed for the purpose of acquiring, developing and operating low-income housing units in Allegany County, Maryland.  The Corporation's website is www.mybank.com.

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SOURCE First United Corporation

FAQ

What is the dividend amount for First United (FUNC) in Q2 2025?

First United (FUNC) declared a cash dividend of $0.22 per share for Q2 2025.

When is the dividend payment date for FUNC's Q2 2025 dividend?

The Q2 2025 dividend will be paid on May 1, 2025.

What is the record date for First United 's Q2 2025 dividend?

The record date is April 17, 2025, at the close of business.

How can shareholders receive FUNC's Q2 2025 dividend payment?

Shareholders must own FUNC common stock by the close of business on April 17, 2025, to receive the dividend payment.