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".