United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, NOW accounts, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, student, credit card, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. As of December 31, 2021, the company operated 250 offices in Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, Pennsylvania, West Virginia, and Ohio. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.
United Bankshares Dividend Announcement
• United Bankshares announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-13
• United Bankshares annual dividend for 2024 was $1.11
• United Bankshares annual dividend for 2023 was $1.45
• United Bankshares's trailing twelve-month (TTM) dividend yield is 4.99%
• United Bankshares's payout ratio for the trailing twelve months (TTM) is 55.25%
• United Bankshares's dividend growth over the last five years (2018-2023) was 1.29% year
• United Bankshares's dividend growth over the last ten years (2013-2023) was 1.50% year
United Bankshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.37 | quarterly | 2024-10-01 |
2024-06-14 | $0.37 | quarterly | 2024-07-01 |
2024-03-07 | $0.37 | quarterly | 2024-04-01 |
2023-12-07 | $0.37 | quarterly | 2024-01-02 |
2023-09-07 | $0.36 | quarterly | 2023-10-02 |
2023-06-08 | $0.36 | quarterly | 2023-07-03 |
2023-03-09 | $0.36 | quarterly | 2023-04-03 |
2022-12-08 | $0.36 | quarterly | 2023-01-03 |
2022-09-08 | $0.36 | quarterly | 2022-10-03 |
2022-06-09 | $0.36 | quarterly | 2022-07-01 |
2022-03-10 | $0.36 | quarterly | 2022-04-01 |
2021-12-01 | $0.36 | quarterly | 2022-01-03 |
2021-09-09 | $0.35 | quarterly | 2021-10-01 |
2021-06-10 | $0.35 | quarterly | 2021-07-01 |
2021-03-11 | $0.35 | quarterly | 2021-04-01 |
2020-12-10 | $0.35 | quarterly | 2021-01-04 |
2020-09-10 | $0.35 | quarterly | 2020-10-01 |
2020-06-11 | $0.35 | quarterly | 2020-07-01 |
2020-03-12 | $0.35 | quarterly | 2020-04-01 |
2019-12-12 | $0.35 | quarterly | 2020-01-02 |
2019-09-12 | $0.34 | quarterly | 2019-10-01 |
2019-06-13 | $0.34 | quarterly | 2019-07-01 |
2019-03-07 | $0.34 | quarterly | 2019-04-01 |
2018-12-13 | $0.34 | quarterly | 2019-01-02 |
2018-09-13 | $0.34 | quarterly | 2018-10-01 |
2018-06-07 | $0.34 | quarterly | 2018-07-02 |
2018-03-08 | $0.34 | quarterly | 2018-04-02 |
2017-12-07 | $0.34 | quarterly | 2018-01-02 |
2017-09-07 | $0.33 | quarterly | 2017-10-02 |
2017-06-07 | $0.33 | quarterly | 2017-07-03 |
2017-03-08 | $0.33 | quarterly | 2017-04-03 |
2016-12-07 | $0.33 | quarterly | 2017-01-03 |
2016-09-07 | $0.33 | quarterly | 2016-10-03 |
2016-06-08 | $0.33 | quarterly | 2016-07-01 |
2016-03-09 | $0.33 | quarterly | 2016-04-01 |
2015-12-09 | $0.33 | quarterly | 2016-01-04 |
2015-09-09 | $0.32 | quarterly | 2015-10-01 |
2015-06-10 | $0.32 | quarterly | 2015-07-01 |
2015-03-11 | $0.32 | quarterly | 2015-04-01 |
2014-12-10 | $0.32 | quarterly | 2015-01-02 |
2014-09-10 | $0.32 | quarterly | 2014-10-01 |
2014-06-11 | $0.32 | quarterly | 2014-07-01 |
2014-03-12 | $0.32 | quarterly | 2014-04-01 |
2013-12-11 | $0.32 | quarterly | 2014-01-02 |
2013-09-11 | $0.31 | quarterly | 2013-10-01 |
2013-06-12 | $0.31 | quarterly | 2013-07-01 |
2013-03-06 | $0.31 | quarterly | 2013-04-01 |
United Bankshares Dividend per year
United Bankshares Dividend growth
United Bankshares Dividend Yield
United Bankshares current trailing twelve-month (TTM) dividend yield is 4.99%. Interested in purchasing United Bankshares stock? Use our calculator to estimate your expected dividend yield:
United Bankshares Financial Ratios
United Bankshares Dividend FAQ
Other factors to consider when evaluating United Bankshares 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.
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1. Determination of Dividend: United Bankshares'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, United Bankshares 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, United Bankshares 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 United Bankshares 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. Record Date: United Bankshares 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, United Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: United Bankshares 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.
To assess the safety of United Bankshares'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 United Bankshares'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.