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United Bankshares, Inc. Declares First Quarter Dividend

02/29/2016
Corporate & Financial

WASHINGTON, D.C. and CHARLESTON, WV-- United Bankshares, Inc. (NASDAQ:UBSI) today announced that its Board of Directors declared a first quarter 2016 dividend of $0.33 per share for shareholders of record as of March 11, 2016.

The dividend payout of approximately $23.0 million on 69.6 million shares is payable April 1, 2016. The year of 2015 represented the 42nd consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record.

United has consolidated assets of $12.6 billion with 129 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". Click here to read full article.