United Community Banks, Inc. (NASDAQ:UCBI) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.18 per share is scheduled to be paid on October 5, 2020. The dividend yield based on the latest trading day closing price was 4.15 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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United Community Banks, Inc. recently reported second quarter financial results on July 21, 2020, after market close, the Blairsville based company outlined income for the second quarter of $ 0.32 per share, from the revenue of $ 116.00 million. The quarterly earnings fell 45.76 percent compared with the same quarter last year. According to street consensus, UCBI was expected to report 2Q20 income of $ 0.32 per share from revenue of $ 141.81 million. The top line results fell short of analysts by $ 25.81 million or 18.2 percent.
Stock Performance
Shares of United Community Banks, Inc. traded low $ -0.32 or -1.81 percent on Thursday, reaching $ 17.37 with volume of 378.20 thousand shares. United Community Banks, Inc. has traded high as $ 17.94 and has cracked $ 17.34 on the downward trend
According to the previous trading day, closing price of $ 17.37, representing a 18.33 % increase from the 52 week low of $ 14.95 and a 44.13 % decrease over the 52 week high of $ 31.66.
The company has a market capital of $ 1.50 billion and is part of the Financial Services sector and Banks – Regional – US industry.
United Community Banks, Inc. operates as the bank holding company for United Community Bank that provides various banking products and services. The company accepts checking, savings, money market, negotiable order of withdrawal, time, and other deposit accounts, as well as certificates of deposit.
