This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Jan. 28, 2011 /PRNewswire/ -- Union First Market Bankshares Corporation (Nasdaq: UBSH) has declared a quarterly dividend of
$0.07 per share. This dividend is the same as third quarter dividend and represents a 16.67% increase from the
$0.06 quarterly dividend paid on
February 28, 2010.
Fourth quarter net income available to common shareholders, which deducts dividends and discount accretion on preferred stock from net income, was
$3.9 million or
$0.15 per fully diluted share, compared to
$7.5 million or
$0.29 per share, in the third quarter and
($0.00) per share, for the fourth quarter last year.
Based on the stock's closing price of
January 26, 2011, the dividend yield is 2.04%. The dividend is payable on
February 28, 2011 to shareholders of record as of
February 16, 2011.
ABOUT UNION FIRST MARKET BANKSHARES CORPORATION
Union First Market Bankshares Corporation is the largest community banking organization based in
Virginia, providing full service banking to the Northern, Central,
Tidewater and Northern Neck regions of
Virginia through its bank subsidiary Union First Market Bank (90 locations in the counties of
York, and the cities of
Winchester). Union Investment Services, Inc. provides full brokerage services; Union Mortgage Group, Inc. provides a full line of mortgage products; and Union Insurance Group, LLC offers various lines of insurance products. Union First Market Bank also owns a non-controlling interest in Johnson Mortgage Company, LLC.
Additional information is available on the Company's website at
http://investors.bankatunion.com. The shares of the Company are traded on the NASDAQ Global Select Market under the symbol "UBSH."
SOURCE Union First Market Bankshares Corporation