This Day On The Street
Continue to site
ADVERTISEMENT
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

United Bankshares Declares First Quarter Dividend

United Bankshares, Inc. (NASDAQ: UBSI) today announced that its Board of Directors declared a first quarter 2014 dividend of $0.32 per share for shareholders of record as of March 14, 2014.

The dividend payout of approximately $22.0 million on 68.8 million shares is payable April 1, 2014. The annualized 2014 dividend of $1.28 per share equates to a yield of approximately 4.5% based on recent UBSI market prices. The year of 2013 represented the 40th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record.

Recently, United completed its acquisition of Virginia Commerce Bancorp, Inc. (“Virginia Commerce”). The acquisition of Virginia Commerce significantly enhances United’s existing footprint in the Washington, D.C. Metropolitan Statistical Area.

United now has consolidated assets over $11.5 billion with 133 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".

www.ubsi-inc.com

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,656.61 +60.26 0.34%
S&P 500 2,065.64 +8.00 0.39%
NASDAQ 4,992.13 +33.6620 0.68%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs