WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--
United Bankshares, Inc. (NASDAQ: UBSI)
today announced that its Board of Directors declared a fourth quarter
dividend of $0.34 per share for shareholders of record as of December
14, 2018. Dividends per share of $1.36 for the year 2018 represents an
increase over the $1.33 per share paid for the year of 2017. The
dividend is payable January 2, 2019.
The year 2018 marks the 45th consecutive year of dividend increases to
United shareholders. United is one of only two major banking companies
in the USA to have increased its dividend to shareholders for 45
consecutive years.
United Bankshares, Inc. is the parent company of United Bank, the
largest community bank headquartered in the D.C. Metro region. United
Bank which comprises 140 full-service banking offices and 21 George
Mason Mortgage, LLC locations, is located throughout Virginia, West
Virginia, Maryland, North Carolina, South Carolina, 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20181116005479/en/
W. Mark Tatterson
Chief Financial Officer
(800) 445-1347 ext.
8716
Source: United Bankshares, Inc.