United Community Banks, Inc. Announces Quarterly Dividend of $0.25 (NYSE:UCB)

United Community Banks, Inc. (NYSE:UCB) announced a quarterly dividend on Thursday, May 14th. Investors of record on Monday, June 15th will be paid a dividend of 0.25 per share on Friday, July 3rd. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, June 15th.

United Community Banks has raised its dividend by an average of 0.1%annually over the last three years.

United Community Banks Stock Performance

Shares of UCB traded down $0.66 during trading hours on Friday, hitting $32.00. The stock had a trading volume of 215,741 shares, compared to its average volume of 880,689. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.82 and a quick ratio of 0.82. United Community Banks has a 12 month low of $27.23 and a 12 month high of $36.77. The firm has a market capitalization of $3.83 billion, a PE ratio of 11.77 and a beta of 0.83. The stock has a fifty day moving average price of $32.24 and a 200 day moving average price of $32.31.

United Community Banks (NYSE:UCB) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $0.70 EPS for the quarter, hitting the consensus estimate of $0.70. United Community Banks had a return on equity of 9.65% and a net margin of 22.05%.The company had revenue of $278.27 million during the quarter. During the same period in the previous year, the firm earned $0.58 EPS. The business’s revenue was up 11.6% on a year-over-year basis. Analysts anticipate that United Community Banks will post 2.99 EPS for the current year.

About United Community Banks

United Community Banks, Inc (NYSE: UCB) is a bank holding company headquartered in Blairsville, Georgia. It operates primarily through its subsidiary, United Community Bank, providing a broad range of banking and financial services to individual, business and governmental customers. The company’s core offerings include deposit accounts, commercial and consumer lending, mortgage origination, treasury and cash management services, and wealth management.

In addition to traditional banking products such as checking, savings and money market accounts, United Community Bank specializes in commercial real estate financing, small business administration (SBA) loans, equipment financing and agricultural lending.