United Community Banks, Inc. operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. The company accepts various deposit products, including checking, savings, money market, and other deposit accounts. It also offers lending services, including real estate, consumer, and commercial loans, to individuals, small businesses, mid-sized commercial businesses, and non-profit organizations, as well as secured and unsecured, and mortgage loans. In addition, the company originate loans partially guaranteed by the SBA and USDA loan programs. Further, it provides wealth management services comprising financial planning, customized portfolio management, and investment advice; trust services to manage fiduciary assets; non-deposit investment products; and insurance products, including life insurance, long-term care insurance, and tax-deferred annuities, as well as invests in residential and commercial mortgage-backed securities, asset-backed securities, the U.S. treasury, the U.S. agency, and municipal obligations. Additionally, the company offers reinsurance on a property insurance contract; insurance agency services; brokerage services; and payment processing, merchant, wire transfer, private banking, and other related financial services. It operates through a network of 171 branches in Florida, Georgia, North Carolina, South Carolina, and Tennessee. United Community Banks, Inc. was founded in 1950 and is headquartered in Blairsville, Georgia.
United Community Banks Dividend Announcement
• United Community Banks announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-06-14
• United Community Banks annual dividend for 2024 was $0.69
• United Community Banks annual dividend for 2023 was $0.92
• United Community Banks's trailing twelve-month (TTM) dividend yield is 3.31%
• United Community Banks's payout ratio for the trailing twelve months (TTM) is 60.59%
• United Community Banks's dividend growth over the last five years (2018-2023) was 9.67% year
United Community Banks Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | $0.23 | quarterly | 2024-07-05 |
2024-05-31 | $0.23 | quarterly | |
2024-03-14 | $0.23 | quarterly | 2024-04-05 |
2023-12-14 | $0.23 | quarterly | 2024-01-05 |
2023-09-14 | $0.23 | quarterly | 2023-10-05 |
2023-06-14 | $0.23 | quarterly | 2023-07-05 |
2023-03-14 | $0.23 | quarterly | 2023-04-05 |
2022-12-14 | $0.22 | quarterly | 2023-01-05 |
2022-09-14 | $0.22 | quarterly | 2022-10-05 |
2022-06-14 | $0.21 | quarterly | 2022-07-05 |
2022-03-14 | $0.21 | quarterly | 2022-04-05 |
2021-12-14 | $0.20 | quarterly | 2022-01-05 |
2021-09-14 | $0.20 | quarterly | 2021-10-05 |
2021-06-14 | $0.19 | quarterly | 2021-07-05 |
2021-03-12 | $0.19 | quarterly | 2021-04-05 |
2020-12-14 | $0.18 | quarterly | 2021-01-05 |
2020-09-14 | $0.18 | quarterly | 2020-10-05 |
2020-06-12 | $0.18 | quarterly | 2020-07-06 |
2020-03-13 | $0.18 | quarterly | 2020-04-06 |
2019-12-13 | $0.18 | quarterly | 2020-01-06 |
2019-09-12 | $0.17 | quarterly | 2019-10-05 |
2019-06-13 | $0.17 | quarterly | 2019-07-05 |
2019-03-14 | $0.16 | quarterly | 2019-04-05 |
2018-12-13 | $0.16 | quarterly | 2019-01-07 |
2018-09-13 | $0.15 | quarterly | 2018-10-05 |
2018-06-14 | $0.15 | quarterly | 2018-07-05 |
2018-03-14 | $0.12 | quarterly | 2018-04-05 |
2017-12-14 | $0.10 | quarterly | 2018-01-05 |
2017-09-14 | $0.10 | quarterly | 2017-10-05 |
2017-06-13 | $0.09 | quarterly | 2017-07-05 |
2017-03-13 | $0.09 | quarterly | 2017-04-05 |
2016-12-13 | $0.08 | quarterly | 2017-01-05 |
2016-09-13 | $0.08 | quarterly | 2016-10-05 |
2016-06-13 | $0.07 | quarterly | 2016-07-01 |
2016-03-11 | $0.07 | quarterly | 2016-04-01 |
2015-12-11 | $0.06 | quarterly | 2016-01-04 |
2015-09-11 | $0.06 | quarterly | 2015-10-01 |
2015-06-11 | $0.05 | quarterly | 2015-07-01 |
2015-03-11 | $0.05 | quarterly | 2015-04-01 |
2014-12-11 | $0.05 | quarterly | 2015-01-02 |
2014-09-12 | $0.03 | quarterly | 2014-10-01 |
2014-06-12 | $0.03 | quarterly | 2014-07-01 |
2008-06-12 | $0.09 | quarterly | 2008-07-01 |
2008-03-12 | $0.09 | quarterly | 2008-04-01 |
United Community Banks Dividend per year
United Community Banks Dividend growth
United Community Banks Dividend Yield
United Community Banks current trailing twelve-month (TTM) dividend yield is 3.31%. Interested in purchasing United Community Banks stock? Use our calculator to estimate your expected dividend yield:
United Community Banks Financial Ratios
United Community Banks Dividend FAQ
Other factors to consider when evaluating United Community Banks 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 Community Banks'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 Community Banks 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 Community Banks 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 Community Banks 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 Community Banks 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 Community Banks 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 Community Banks 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 Community Banks'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 Community Banks'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.