In the news release, Union First Market Bankshares Declares Quarterly Cash Dividend, issued
April 24, 2013
by Union First Market Bankshares Corporation over PR Newswire, we are advised by the company that the second paragraph, first sentence, should read "First quarter net income was
per fully diluted share" rather than "Fourth quarter net income was
per fully diluted share" as originally issued inadvertently. The complete, corrected release follows:
Union First Market Bankshares Declares Quarterly Cash Dividend
April 24, 2013
/PRNewswire/ -- Union First Market Bankshares Corporation has declared a quarterly dividend of
per share. The dividend amount remains the same as the previous quarterly dividend rate and is a 63% increase over the dividend rate for the same quarter last year.
First quarter net income was
per fully diluted share, compared to
per share, in the fourth quarter and
per share, for the first quarter last year.
Based on the stock's closing price of
April 23, 2013
, the dividend yield is approximately 2.7%. The dividend is payable on
May 31, 2013
to shareholders of record as of
May 17, 2013
ABOUT UNION FIRST MARKET BANKSHARES CORPORATION
, Union First Market Bankshares Corporation (NASDAQ: UBSH) is the holding company for Union First Market Bank, which has 90 branches and more than 150 ATMs throughout Virginia. Non-bank affiliates of the holding company include: Union Investment Services, Inc., which provides full brokerage services; Union Mortgage Group, Inc., which provides a full line of mortgage products; and Union Insurance Group, LLC, which offers various lines of insurance products. Union First Market Bank also owns a non-controlling interest in Johnson Mortgage Company, L.L.C.
Additional information on the Company is available at
SOURCE Union First Market Bankshares Corporation