United Stock To Go Ex-dividend Tomorrow (UBSI)

NEW YORK ( TheStreet) -- The ex-dividend date for United Bankshares (Nasdaq: UBSI) is tomorrow, June 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $23.95 as of 9:30 a.m. ET, the dividend yield is 4.8%.

The average volume for United has been 328,100 shares per day over the past 30 days. United has a market cap of $1.23 billion and is part of the financial sector and banking industry. Shares are down 14.9% year to date as of the close of trading on Monday.

United Bankshares, Inc., through its subsidiaries, provides commercial and retail banking services and products in the United States. The company has a P/E ratio of 15, below the average banking industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates United as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full United Ratings Report.

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