WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)--
United Bankshares, Inc. (NASDAQ: UBSI)
today announced that its Board of Directors declared a first quarter
2019 dividend of $0.34 per share for shareholders of record as of March
The dividend payout of approximately $34.7 million on 102.1 million
shares is payable April 1, 2019. The year of 2018 represented the 45th
consecutive year of dividend increases for United shareholders. Only one
other major banking company in the USA has achieved such a dividend
United has consolidated assets of approximately $19.3 billion. United is
the parent company of United Bank, the largest community bank
headquartered in the D.C. Metro region. United Bank, which comprises 139
full-service banking offices and 21 George Mason Mortgage, LLC
locations, is located throughout Virginia, West Virginia, Maryland,
North Carolina, South Carolina, Ohio, Pennsylvania and Washington, D.C.
United’s stock is traded on the NASDAQ Global Select Market under the
quotation symbol “UBSI.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20190225005951/en/
W. Mark Tatterson
Chief Financial Officer
(800) 445-1347 ext.
Source: United Bankshares, Inc.