United Community Banks, Inc. (NYSE:UCB) Shares Set to Pay Quarterly Dividend of $0.26

United Community Banks, Inc. (NYSE:UCB) declared a quarterly dividend on Thursday, November 12th. Stockholders of record on Tuesday, December 15th will be given a dividend of $0.26 per share on Tuesday, January 5th. This represents a $1.04 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, December 15th.

United Community Banks has increased its dividend by an average of 0.1% per year over the last three years.

United Community Banks Stock Performance

NYSE UCB opened at $37.26 on Friday. The company has a market cap of $4.49 billion, a PE ratio of 12.95 and a beta of 0.86. The stock’s 50 day simple moving average is $35.23 and its 200-day simple moving average is $34.23. United Community Banks has a 1-year low of $28.82 and a 1-year high of $38.63. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.78 and a quick ratio of 0.78.

United Community Banks (NYSE:UCB) last issued its quarterly earnings results on Tuesday, October 20th. The company reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. United Community Banks had a return on equity of 9.66% and a net margin of 9.06%. The firm had revenue of $291.90 million for the quarter. As a group, equities research analysts anticipate that United Community Banks will post 3.01 EPS for the current fiscal year.

About United Community Banks

United Community Banks, Inc. is the bank holding company for United Community Bank, a regional financial institution serving individuals, businesses and organizations across the southeastern United States. The company traces its roots to 1950, when Union County Bank opened in Blairsville, Georgia. United Community Bank offers personal and business deposit accounts, lending, and other banking services. Its offerings also include mortgage banking, wealth management and insurance services. The company operates across Georgia, North Carolina, South Carolina, Tennessee, Alabama and Florida, combining community-based banking with a regional branch and digital-service network.