WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--
United Bankshares, Inc. (NASDAQ: UBSI)
today announced that its Board of Directors declared a first quarter
2018 dividend of $0.34 per share for shareholders of record as of March
9, 2018.
The dividend payout of approximately $35.7 million on 105.0 million
shares is payable April 2, 2018. The year of 2017 represented the 44th
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 $19.1 billion with 142 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
View source version on businesswire.com: http://www.businesswire.com/news/home/20180226006490/en/
United Bankshares, Inc.
W. Mark Tatterson, 800-445-1347 ext. 8716
Chief
Financial Officer
Source: United Bankshares, Inc.