WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)--
United Bankshares, Inc. (NASDAQ: UBSI),
today announced that its Board of Directors declared a second quarter
dividend of $0.32 per share for shareholders of record as of June 13,
The dividend payout of approximately $22.1 million on 69.1 million
shares is payable July 1, 2014. The annualized 2014 dividend of $1.28
equates to a yield over 4% based on recent UBSI market prices. United
has increased its dividend to shareholders for 40 consecutive years.
United Bankshares, with $11.9 billion in assets, has 133 full-service
offices in West Virginia, Virginia, Maryland, Ohio, Pennsylvania and
Washington, D.C.United Bankshares stock is traded on the NASDAQ Global
Select Market under the quotation symbol "UBSI."
United Bankshares, Inc.
Steven E. Wilson, 800-445-1347 ext. 8704
Source: United Bankshares, Inc.