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United Bankshares to pay USD 0.32 dividend.

BANKING AND CREDIT NEWS-November 11, 2014--United Bankshares to pay USD 0.32 dividend


11 November 2014 -- West Virginia US-based bank holding company United Bankshares Inc (NASDAQ: UBSI) said that its board of directors declared a 4Q14 dividend of USD 0.32 per share for shareholders of record as of December 12 2014.

Dividends per share of USD 1.28 for the year 2014 represents an increase over the USD 1.25 per share paid for the year of 2013.

The dividend payout of approximately USD 22.1m on 69.2m shares is payable January 2, 2015.

The year 2014marks the 41st consecutive year of dividend increases to United shareholders.

United has consolidated assets of approximately USD 12.1bn with 131 full service offices in West Virginia, Virginia, Maryland, Ohio, Pennsylvania and Washington, D.C.

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1 USD = .63 GBP

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:1U5WV
Date:Nov 11, 2014
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