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United Bankshares Declares Third Quarter Dividend

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United Bankshares, Inc. (NASDAQ: UBSI) has announced a third quarter dividend of $0.37 per share for shareholders of record as of September 13, 2024. The dividend, totaling approximately $50.0 million, will be payable on October 1, 2024. This marks the 50th consecutive year of dividend increases for United shareholders, a feat achieved by only one other major banking company in the USA.

As of June 30, 2024, United had consolidated assets of about $30 billion and ranks as the 38th largest banking company in the U.S. by market capitalization. United Bank, the company's subsidiary, operates more than 225 offices across nine states and Washington, D.C.

United Bankshares, Inc. (NASDAQ: UBSI) ha annunciato un dividendo per il terzo trimestre di $0,37 per azione per gli azionisti registrati al 13 settembre 2024. Il dividendo, per un totale di circa $50 milioni, sarà pagabile il 1° ottobre 2024. Questo segna il 50° anno consecutivo di aumenti dei dividendi per gli azionisti di United, un traguardo raggiunto solo da un'altra grande banca negli USA.

Alla data del 30 giugno 2024, United aveva attivi consolidati di circa $30 miliardi e si posiziona come la 38ª banca più grande negli USA per capitalizzazione di mercato. United Bank, la sussidiaria dell'azienda, gestisce oltre 225 filiali in nove stati e Washington, D.C.

United Bankshares, Inc. (NASDAQ: UBSI) ha anunciado un dividendo del tercer trimestre de $0.37 por acción para los accionistas registrados al 13 de septiembre de 2024. El dividendo, que totaliza aproximadamente $50 millones, será pagadero el 1 de octubre de 2024. Esto marca el 50.º año consecutivo de incrementos de dividendos para los accionistas de United, un logro alcanzado por solo otra gran empresa bancaria en los EE. UU.

Al 30 de junio de 2024, United tenía activos consolidados de aproximadamente $30 mil millones y se posiciona como la 38.ª compañía bancaria más grande en EE. UU. por capitalización de mercado. United Bank, la subsidiaria de la empresa, opera más de 225 oficinas en nueve estados y Washington, D.C.

United Bankshares, Inc. (NASDAQ: UBSI)는 2024년 9월 13일 기준 주주를 위해 주당 $0.37의 3분기 배당금을 발표했습니다. 총 약 $50백만 달러의 배당금은 2024년 10월 1일에 지급될 예정입니다. 이는 United의 주주에게 50년 연속 배당금 증가를 의미하며, 이는 미국의 다른 주요 은행 회사 중 단 한 곳만이 달성한 업적입니다.

2024년 6월 30일 기준으로 United의 총 자산은 약 $30억 달러에 달하며, 시장 자본 규모로는 미국에서 38번째로 큰 은행 회사로 자리 잡고 있습니다. 자회사인 United Bank는 9개 주와 워싱턴 D.C.에 걸쳐 225개 이상의 사무소를 운영하고 있습니다.

United Bankshares, Inc. (NASDAQ: UBSI) a annoncé un dividende du troisième trimestre de 0,37 $ par action pour les actionnaires enregistrés au 13 septembre 2024. Le dividende, totalisant environ 50 millions de dollars, sera payable le 1er octobre 2024. Cela marque le 50e année consécutive d'augmentations de dividendes pour les actionnaires de United, un exploit réalisé par une autre grande banque aux États-Unis.

Au 30 juin 2024, United avait des actifs consolidés d'environ 30 milliards de dollars et se classe comme la 38e plus grande banque des États-Unis en termes de capitalisation boursière. United Bank, la filiale de l'entreprise, exploite plus de 225 bureaux dans neuf états et Washington, D.C.

United Bankshares, Inc. (NASDAQ: UBSI) hat eine Dividende für das dritte Quartal von $0,37 pro Aktie für die am 13. September 2024 eingetragenen Aktionäre angekündigt. Die Dividende, die insgesamt rund $50 Millionen beträgt, wird am 1. Oktober 2024 ausgezahlt. Dies markiert das 50. Jahr in Folge mit Dividendenerhöhungen für die Aktionäre von United, ein Kunststück, das nur von einem anderen großen Bankunternehmen in den USA erreicht wurde.

Zum 30. Juni 2024 hatte United konsolidierte Vermögenswerte von rund $30 Milliarden und rangiert nach Marktkapitalisierung als 38. größte Bank in den USA. Die Tochtergesellschaft United Bank betreibt mehr als 225 Niederlassungen in neun Bundesstaaten und Washington, D.C.

Positive
  • Declared a dividend of $0.37 per share for Q3 2024
  • 50th consecutive year of dividend increases
  • Consolidated assets of approximately $30 billion
  • Ranks as the 38th largest banking company in the U.S. by market capitalization
  • Extensive network of over 225 offices across nine states and Washington, D.C.
Negative
  • None.

WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)-- United Bankshares, Inc. (“United”) (NASDAQ: UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.37 per share for shareholders of record as of September 13, 2024.

The dividend payout of approximately $50.0 million on 135.2 million shares is payable October 1, 2024. The year of 2023 represented the 50th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record.

As of June 30, 2024, United had consolidated assets of approximately $30 billion and is the 38th 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 the dividend amount for United Bankshares (UBSI) for Q3 2024?

United Bankshares (UBSI) has declared a dividend of $0.37 per share for the third quarter of 2024.

When is the record date for United Bankshares' Q3 2024 dividend?

The record date for United Bankshares' Q3 2024 dividend is September 13, 2024.

What is the payment date for United Bankshares' Q3 2024 dividend?

The payment date for United Bankshares' Q3 2024 dividend is October 1, 2024.

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

United Bankshares (UBSI) has increased its dividend for 50 consecutive years as of 2023.

What is the total dividend payout for United Bankshares (UBSI) in Q3 2024?

The total dividend payout for United Bankshares (UBSI) in Q3 2024 is approximately $50.0 million.

United Bankshares Inc

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5.10B
135.22M
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1.66%
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