FUNC First United dividend history, payout ratio & dates
First United's last dividend payment of $0.22 per share was made to shareholders on record before Oct 18, 2024. The dividend payment stands at $0.82 per share annually, which equates to a dividend yield of 2.4%. The latest FUNC stock dividend of $0.22 is an increase from the previous $0.2 distribution, representing a growth of 10%.
Key dates
- FUNC last dividend date: Oct 18, 2024
FUNC dividend stats
vs. Financial Services sector
Dividend yield
FUNC has a dividend yield of 2.4% 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 2.77%, First United's dividend yield is 13% lower. The historical 5-year average of FUNC's dividend yield is 3.5%, which is more than the current one.
Dividend history
First United has a dividend history dating as far as 1994, but lately the company has been paying dividends for the last six 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 54% from a year ago, the dividend yield marks a decrease of 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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% |
First United dividend payout ratio
Payout ratio
FUNC has a payout ratio of 33.3% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 44.2%, First United's payout ratio is 25% lower.
Total amount of dividends paid per financial year (from cash flow)
FUNC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EGBN Eagle Bancorp Inc | 5.67% | $1.52 | N/A |
| SASR Sandy Spring Bancorp Inc | 4% | $1.36 | 71.6% |
| FNB Fnb Corp | 3.31% | $0.48 | 44% |
| SHBI Shore Bancshares Inc | 3% | $0.48 | 36.4% |
| FUNC First United Corp | 2.4% | $0.82 | 33.3% |
Frequently asked questions
Does First United pay a dividend?
Yes, First United has been paying dividends for the last six years.
When was FUNC's last dividend?
First United's last regular dividend was on Oct 18, 2024 (ex-date) with the amount of $0.22 per share.
How much dividend does First United pay (per share)?
FUNC's annualized dividend per share is $0.82.
What is First United's dividend yield?
The current dividend yield of First United is 2.4%.
How often does First United pay dividends?
First United has a quarterly dividend frequency.
What is First United's dividend payout ratio?
First United's dividend payout ratio is 33.3%.
Does First United pay a good dividend?
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.