United Bankshares, Inc. (NASDAQ:UBSI) declared 3Q20 dividend of $ 0.35 per share, or $ 1.40 annualized.
The dividend will be payable on October 1, 2020, to stockholders of record on September 11, 2020, with an ex-dividend date of September 10, 2020.
Dividends History
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United Bankshares, Inc. recently reported second quarter financial results on July 24, 2020, before market open, the Charleston based company communicated income for the second quarter of $ 0.44 per share, from the revenue of $ 258.99 million. Wall street analysts are predicting, UBSI to report 2Q20 income of $ 0.43 per share from revenue of $ 220.50 million. The bottom line results beat street analysts by $ 0.01 or 2.33 percent, at the same time, top line results outshined analysts by $ 38.49 million or 17.46 percent.
Stock Performance
Shares of United Bankshares, Inc. traded low $ -0.05 or -0.17 percent on Monday, reaching $ 26.28 with volume of 211.50 thousand shares. The stock opened down for the day at $ 26.14, after closing the previous day trading at $ 26.32.
According to the previous trading day, closing price of $ 26.32, representing a 33.81 % increase from the 52 week low of $ 19.67 and a 35.33 % decrease over the 52 week high of $ 40.70.
The company has a market capital of $ 3.41 billion and is part of the Financial Services sector and Banks – Regional – US industry.
United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts.
