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51st Consecutive Year of Dividend Increases for United Bankshares, Inc.

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United Bankshares (NASDAQ: UBSI) has announced its 51st consecutive year of dividend increases, declaring a fourth quarter dividend of $0.37 per share for shareholders of record as of December 13, 2024. The total dividend for 2024 will be $1.48 per share, up from $1.45 in 2023. The dividend is payable January 2, 2025. United, with consolidated assets of approximately $30 billion, is one of only two major U.S. banking companies to achieve this milestone. The company operates United Bank with over 225 offices across nine states and ranks as the 41st largest banking company in the U.S. by market capitalization.

United Bankshares (NASDAQ: UBSI) ha annunciato il suo 51° anno consecutivo di aumenti dei dividendi, dichiarando un dividendo del quarto trimestre di $0,37 per azione per gli azionisti registrati al 13 dicembre 2024. Il dividendo totale per il 2024 sarà di $1,48 per azione, in aumento rispetto a $1,45 nel 2023. Il dividendo sarà pagabile il 2 gennaio 2025. United, con attivi consolidati di circa $30 miliardi, è una delle sole due grandi banche statunitensi a raggiungere questo traguardo. L'azienda gestisce United Bank con oltre 225 uffici in nove stati ed è classificata come la 41ª banca più grande negli Stati Uniti per capitalizzazione di mercato.

United Bankshares (NASDAQ: UBSI) ha anunciado su 51er año consecutivo de aumentos de dividendos, declarando un dividendo del cuarto trimestre de $0,37 por acción para los accionistas registrados al 13 de diciembre de 2024. El dividendo total para 2024 será de $1,48 por acción, un aumento respecto a $1,45 en 2023. El dividendo se pagará el 2 de enero de 2025. United, con activos consolidados de aproximadamente $30 mil millones, es una de las dos principales empresas bancarias de EE. UU. que ha alcanzado este hito. La empresa opera United Bank con más de 225 oficinas en nueve estados y ocupa el puesto 41 entre las compañías bancarias más grandes de EE. UU. por capitalización de mercado.

유나이티드 뱅크셰어스 (NASDAQ: UBSI)는 51년 연속 배당금 증가를 발표하며, 2024년 12월 13일 기준 주주에게 $0.37 한 주당 배당금을 선언했습니다. 2024년 총 배당금은 $1.48 한 주당으로, 2023년의 $1.45에서 증가했습니다. 배당금은 2025년 1월 2일 지급됩니다. 유나이티드는 약 $30억의 총 자산을 보유하고 있으며, 이 이정표를 세운 미국의 두 대형 은행 중 하나입니다. 이 회사는 9개 주에 걸쳐 225개 이상의 사무소를 운영하며, 시장 자본금 기준으로 미국에서 41번째로 큰 은행 회사로 평가받고 있습니다.

United Bankshares (NASDAQ: UBSI) a annoncé son 51e année consécutive d'augmentations de dividendes, déclarant un dividende du quatrième trimestre de $0,37 par action pour les actionnaires enregistrés au 13 décembre 2024. Le dividende total pour 2024 sera de $1,48 par action, en hausse par rapport à $1,45 en 2023. Le dividende sera payable le 2 janvier 2025. United, avec des actifs consolidés d'environ $30 milliards, est l'une des deux seules grandes entreprises bancaires américaines à atteindre cette étape. L'entreprise exploite United Bank avec plus de 225 bureaux dans neuf États et se classe au 41e rang parmi les plus grandes entreprises bancaires aux États-Unis en termes de capitalisation boursière.

United Bankshares (NASDAQ: UBSI) hat sein 51. Jahr in Folge mit Dividendensteigerungen bekannt gegeben und eine Dividende für das vierte Quartal von $0,37 pro Aktie für Aktionäre, die am 13. Dezember 2024 registriert sind, erklärt. Die Gesamtdividende für 2024 wird $1,48 pro Aktie betragen, ein Anstieg von $1,45 im Jahr 2023. Die Dividende ist am 2. Januar 2025 zahlbar. United, mit konsolidierten Vermögenswerten von etwa $30 Milliarden, ist eines von nur zwei großen US-Bankunternehmen, das diesen Meilenstein erreicht hat. Das Unternehmen betreibt die United Bank mit über 225 Filialen in neun Bundesstaaten und belegt den 41. Platz unter den größten Banken in den USA nach Marktkapitalisierung.

Positive
  • 51 consecutive years of dividend increases, demonstrating strong financial stability
  • 2.1% increase in annual dividend from $1.45 to $1.48 per share
  • Substantial market presence with $30 billion in consolidated assets
  • Extensive network of 225+ offices across nine states
  • Ranks as 41st largest U.S. banking company by market capitalization
Negative
  • None.

WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)-- United Bankshares, Inc. (“United”) (NASDAQ: UBSI) today announced that its Board of Directors declared a fourth quarter dividend of $0.37 per share for shareholders of record as of December 13, 2024. Dividends per share of $1.48 for the year 2024 represents an increase over the $1.45 per share paid for the year of 2023. The dividend is payable January 2, 2025.

The year 2024 marks the 51st consecutive year of dividend increases to United shareholders. United is one of only two major banking companies in the USA to have increased its dividend to shareholders for at least 51 consecutive years.

As of September 30, 2024, United had consolidated assets of approximately $30 billion and is the 41st largest banking company in the U.S. based on market capitalization. United is the parent company of United Bank, which comprises more than 225 offices located throughout Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia. United’s stock is traded on the NASDAQ Global Select Market under the quotation symbol “UBSI”.

www.ubsi-inc.com

W. Mark Tatterson

Chief Financial Officer

(800) 445-1347

Source: United Bankshares, Inc.

FAQ

What is United Bankshares' (UBSI) dividend per share for Q4 2024?

United Bankshares declared a fourth quarter dividend of $0.37 per share for 2024.

When is the dividend payment date for UBSI's Q4 2024 dividend?

The dividend is payable on January 2, 2025.

What is UBSI's total dividend payout for 2024?

The total dividend payout for 2024 is $1.48 per share, increased from $1.45 per share in 2023.

How many consecutive years has United Bankshares (UBSI) increased its dividend?

United Bankshares has increased its dividend for 51 consecutive years, making it one of only two major U.S. banking companies to achieve this milestone.

What is United Bankshares' (UBSI) current asset size as of September 2024?

United Bankshares had consolidated assets of approximately $30 billion as of September 30, 2024.

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