United Bankshares Declares Third Quarter Dividend

Before you go, we thought you'd like these...
Before you go close icon

United Bankshares Declares Third Quarter Dividend

WASHINGTON, D.C. and CHARLESTON, WV--(BUSINESS WIRE)-- United Bankshares, Inc. (NASDAQ: UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.31 per share for shareholders of record as of September 13, 2013.

The dividend payout of approximately $15.6 million on 50.4 million shares is payable October 1, 2013. The annualized 2013 dividend of $1.24 equates to a yield of approximately 4.3% based on recent UBSI market prices. United has increased its dividend to shareholders for 39 consecutive years.

United Bankshares, with $8.5 billion in assets, has 114 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
Chief Financial Officer

KEYWORDS:   United States  North America  District of Columbia  West Virginia


The article United Bankshares Declares Third Quarter Dividend originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

People are Reading