First United's last dividend payment of $0.22 per share was made to shareholders on record before Jan 17, 2025. The dividend payment stands at $0.84 per share annually, which equates to a dividend yield of 2.83%.
FUNC has a dividend yield of 2.83% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.09%, First United's dividend yield is 8% lower. The historical 5-year average of FUNC's dividend yield is 3.5%, which is more than the current one.
First United has a dividend history dating as far as 1994, but lately the company has been paying dividends for the last seven consecutive years. According to our records FUNC has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 5% since one year ago. However with the stock price up by 30% from a year ago, the dividend yield marks a decrease of 19%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Jan 17, 2025 | $0.22 | 2.55% |
Oct 18, 2024 | $0.22 | 2.6% |
Jul 18, 2024 | $0.2 | 3.37% |
Apr 16, 2024 | $0.2 | 3.63% |
Jan 17, 2024 | $0.2 | 3.65% |
Oct 17, 2023 | $0.2 | 4.73% |
Jul 17, 2023 | $0.2 | 4.57% |
Apr 14, 2023 | $0.2 | 4.05% |
Jan 12, 2023 | $0.18 | 3.21% |
Oct 17, 2022 | $0.15 | 3.4% |
Jul 15, 2022 | $0.15 | 3.5% |
Apr 14, 2022 | $0.15 | 2.62% |
Jan 13, 2022 | $0.15 | 2.97% |
Oct 15, 2021 | $0.15 | 3.18% |
Jul 16, 2021 | $0.15 | 3.38% |
Apr 16, 2021 | $0.15 | 3.2% |
Jan 14, 2021 | $0.13 | 3.02% |
Oct 15, 2020 | $0.13 | 3.98% |
Jul 16, 2020 | $0.13 | 4.53% |
Apr 16, 2020 | $0.13 | 3.63% |
Jan 14, 2020 | $0.13 | 1.84% |
Oct 15, 2019 | $0.13 | 1.72% |
Jul 16, 2019 | $0.09 | 1.84% |
Apr 16, 2019 | $0.09 | 1.95% |
Jan 14, 2019 | $0.09 | 2.16% |
Oct 12, 2018 | $0.09 | 1.46% |
Jul 13, 2018 | $0.09 | 0.94% |
Apr 13, 2018 | $0.09 | 0.46% |
FUNC has a payout ratio of 26.7% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 43.7%, First United's payout ratio is 39% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
EGBN Eagle Bancorp Inc | 5.85% | $1.23 | N/A |
SASR Sandy Spring Bancorp Inc | 4.87% | $1.36 | 309.1% |
FNB Fnb Corp | 3.57% | $0.48 | 37.8% |
SHBI Shore Bancshares Inc | 3.54% | $0.48 | 36.4% |
FUNC First United Corp | 2.8% | $0.84 | 26.7% |
Yes, First United has been paying dividends for the last seven years.
First United's last regular dividend was on Jan 17, 2025 (ex-date) with the amount of $0.22 per share.
FUNC's annualized dividend per share is $0.84.
The current dividend yield of First United is 2.83%.
First United has a quarterly dividend frequency.
First United's dividend payout ratio is 26.7%.
First United's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.