United Bankshares, Inc. (NASDAQ: UBSI) today announced that its Board of Directors declared a fourth quarter dividend of $0.33 per share for shareholders of record as of December 11, 2015. Dividends per share of $1.29 for the year 2015 represents an increase over the $1.28 per share paid for the year of 2014. The dividend payout of approximately $23.0 million on 69.6 million shares is payable January 4, 2016.
The year 2015 marks the 42nd 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 42 consecutive years.
United has consolidated assets of approximately $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".
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Contacts:
W. Mark Tatterson, Chief Financial Officer
800-445-1347
ext. 8716
