First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities. It also provides loans, such as commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term loans, and other secured and unsecured lines of credit and term loans. In addition, the company offers various trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that consist of IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning services; insurance products; brokerage services; and safe deposit and night depository facilities. It operates 26 banking offices, one customer care center, and 34 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Mineral, Berkeley, Monongalia, and Harrison counties in West Virginia. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.
First United Dividend Announcement
• First United announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-18
• First United annual dividend for 2024 was $0.82
• First United annual dividend for 2023 was $0.78
• First United's trailing twelve-month (TTM) dividend yield is 3.29%
• First United's payout ratio for the trailing twelve months (TTM) is 33.07%
• First United's dividend growth over the last five years (2018-2023) was 23.64% year
First United Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-18 | $0.22 | quarterly | 2024-11-01 |
| 2024-07-18 | $0.20 | quarterly | 2024-08-01 |
| 2024-04-16 | $0.20 | quarterly | 2024-05-01 |
| 2024-01-17 | $0.20 | quarterly | 2024-02-01 |
| 2023-10-17 | $0.20 | quarterly | 2023-11-01 |
| 2023-07-17 | $0.20 | quarterly | 2023-08-01 |
| 2023-04-14 | $0.20 | quarterly | 2023-05-01 |
| 2023-01-12 | $0.18 | quarterly | 2023-02-01 |
| 2022-10-17 | $0.15 | quarterly | 2022-11-01 |
| 2022-07-15 | $0.15 | quarterly | 2022-08-01 |
| 2022-04-14 | $0.15 | quarterly | 2022-05-02 |
| 2022-01-13 | $0.15 | quarterly | 2022-02-01 |
| 2021-10-15 | $0.15 | quarterly | 2021-11-01 |
| 2021-07-16 | $0.15 | quarterly | 2021-08-02 |
| 2021-04-16 | $0.15 | quarterly | 2021-05-03 |
| 2021-01-14 | $0.13 | quarterly | 2021-02-01 |
| 2020-10-15 | $0.13 | quarterly | 2020-11-02 |
| 2020-07-16 | $0.13 | quarterly | 2020-08-03 |
| 2020-04-16 | $0.13 | quarterly | 2020-05-01 |
| 2020-01-14 | $0.13 | quarterly | 2020-02-03 |
| 2019-10-15 | $0.13 | quarterly | 2019-11-01 |
| 2019-07-16 | $0.09 | quarterly | 2019-08-01 |
| 2019-04-16 | $0.09 | quarterly | 2019-05-01 |
| 2019-01-14 | $0.09 | quarterly | 2019-02-01 |
| 2018-10-12 | $0.09 | quarterly | 2018-11-01 |
| 2018-07-13 | $0.09 | quarterly | 2018-08-01 |
| 2018-04-13 | $0.09 | quarterly | 2018-05-02 |
| 2010-10-08 | $0.01 | quarterly | 2010-11-01 |
| 2010-07-12 | $0.01 | quarterly | 2010-08-02 |
| 2010-04-12 | $0.01 | quarterly | 2010-04-30 |
| 2010-01-11 | $0.10 | quarterly | 2010-02-01 |
| 2009-10-09 | $0.20 | quarterly | 2009-11-02 |
| 2009-07-10 | $0.20 | quarterly | 2009-07-31 |
| 2009-04-09 | $0.20 | quarterly | 2009-05-01 |
| 2009-01-22 | $0.20 | quarterly | 2009-02-01 |
| 2008-10-08 | $0.20 | quarterly | 2008-11-01 |
| 2008-07-10 | $0.20 | quarterly | 2008-08-01 |
| 2008-04-10 | $0.20 | quarterly | 2008-05-01 |
| 2008-01-10 | $0.20 | quarterly | 2008-02-01 |
| 2007-10-11 | $0.20 | quarterly | 2007-11-01 |
| 2007-07-12 | $0.20 | quarterly | 2007-08-01 |
| 2007-04-12 | $0.20 | quarterly | 2007-05-01 |
| 2007-01-10 | $0.20 | quarterly | 2007-02-01 |
| 2006-10-12 | $0.19 | quarterly | 2006-11-01 |
| 2006-07-13 | $0.19 | quarterly | 2006-08-01 |
| 2006-04-12 | $0.19 | quarterly | 2006-05-01 |
| 2006-01-11 | $0.19 | quarterly | 2006-02-01 |
First United Dividend per year
First United Dividend growth
First United Dividend Yield
First United current trailing twelve-month (TTM) dividend yield is 3.29%. Interested in purchasing First United stock? Use our calculator to estimate your expected dividend yield:
First United Financial Ratios
P/E ratio12.67
PEG ratio3.26
P/B ratio1.18
ROE9.70%
Payout ratio33.07%
Current ratio0.14
Quick ratio0.14
Cash Ratio0.00
First United Dividend FAQ
How much is the next First United dividend?
First United's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next First United dividend. The next First United dividend will be released in January, April, July, or October.
When is First United dividend paid?
First United pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does First United pay?
The specific amount of First United dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find First United's dividend history.
Does First United stock pay dividends?
Yes, First United does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find First United's dividend history.
How much dividend does First United pay?
First United paid $0.82 in 2024, $0.78 in 2023, $0.6 in 2022, $0.58 in 2021, and $0.52 in 2020.
How often does First United pay dividends?
First United typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is First United's dividend yield?
The current dividend yield for First United is 3.29%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate First United's exact dividend yield.
When does First United go ex dividend?
First United's ex-dividend date for the latest dividend was on 2024-10-18. First United typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next First United dividend paid?
First United pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will First United increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether First United will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is First United dividend per share?
First United paid $0.82 per share in 2024 and $0.78 per share in 2023. The amount of dividend per share that First United pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is First United a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is First United a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is First United a dividend stock?
Yes, First United is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is First United a good dividend stock?
Whether First United is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. First United has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating First United as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating First United as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does First United pay dividends monthly?
First United typically pays dividends on a quarterly basis.
Does First United pay dividends quarterly?
First United currently pays dividends on a quarterly basis.
Has First United ever paid a dividend?
Yes, First United has a history of paying dividends to its shareholders. First United is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy First United dividend stocks?
To buy First United you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy First United stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy First United stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does First United pay dividends 2024?
First United pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will First United increase its dividend in 2024?
Decisions regarding First United dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date First United dividend overview you can look into the above table of dividend history.
How First United dividend works?
The First United dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how First United's dividend process works:
1. Determination of Dividend: First United's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, First United publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, First United distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from First United are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: First United's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, First United publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, First United distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from First United are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are First United dividends paid?
First United dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: First United sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, First United distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First United declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: First United sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, First United distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First United declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does First United pay dividends?
First United typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does First United pay dividends?
The general pattern is that First United pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is First United dividend safe?
The safety of First United's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of First United's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review First United's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of First United's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review First United's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.