United Bankshares's last quarterly cash dividend of $0.37 per share was issued to shareholders on record before Mar 7, 2024. At an annualized rate of $1.46 per share, the stock yields 4.48%.
UBSI has a dividend yield of 4.48% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.56%, United Bankshares's dividend yield is 26% higher. Historically UBSI's dividend yield has averaged at 4.3% in the last 5 years, which is similar to the current yield.
United Bankshares has been paying dividends for the last 30 years. According to our records UBSI has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 1.4% for the last twelve months. And with the stock price down by 7% from a year ago, the dividend yield has grown by 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 7, 2024 | Apr 1, 2024 | Feb 26, 2024 | $0.37 | normal |
| Dec 7, 2023 | Jan 2, 2024 | Nov 10, 2023 | $0.37 | normal |
| Sep 7, 2023 | Oct 2, 2023 | Aug 28, 2023 | $0.36 | normal |
| Jun 8, 2023 | Jul 3, 2023 | May 10, 2023 | $0.36 | normal |
| Mar 9, 2023 | Apr 3, 2023 | Feb 27, 2023 | $0.36 | normal |
| Dec 8, 2022 | Jan 3, 2023 | Nov 18, 2022 | $0.36 | normal |
| Sep 8, 2022 | Oct 3, 2022 | Aug 30, 2022 | $0.36 | normal |
| Jun 9, 2022 | Jul 1, 2022 | May 12, 2022 | $0.36 | normal |
| Mar 10, 2022 | Apr 1, 2022 | Feb 28, 2022 | $0.36 | normal |
| Dec 1, 2021 | Jan 3, 2022 | Nov 19, 2021 | $0.36 | normal |
| Sep 9, 2021 | Oct 1, 2021 | Aug 30, 2021 | $0.35 | normal |
| Jun 10, 2021 | Jul 1, 2021 | May 12, 2021 | $0.35 | normal |
| Mar 11, 2021 | Apr 1, 2021 | Feb 22, 2021 | $0.35 | normal |
| Dec 10, 2020 | Jan 4, 2021 | Nov 20, 2020 | $0.35 | normal |
| Sep 10, 2020 | Oct 1, 2020 | Aug 31, 2020 | $0.35 | normal |
| Jun 11, 2020 | Jul 1, 2020 | May 12, 2020 | $0.35 | normal |
| Mar 12, 2020 | Apr 1, 2020 | Feb 24, 2020 | $0.35 | normal |
| Dec 12, 2019 | Jan 2, 2020 | Nov 15, 2019 | $0.35 | normal |
| Sep 12, 2019 | Oct 1, 2019 | Aug 26, 2019 | $0.34 | normal |
| Jun 13, 2019 | Jul 1, 2019 | May 15, 2019 | $0.34 | normal |
| Mar 7, 2019 | Apr 1, 2019 | Feb 25, 2019 | $0.34 | normal |
| Dec 13, 2018 | Jan 2, 2019 | Nov 16, 2018 | $0.34 | normal |
| Sep 13, 2018 | Oct 1, 2018 | Aug 27, 2018 | $0.34 | normal |
| Jun 7, 2018 | Jul 2, 2018 | May 30, 2018 | $0.34 | normal |
| Mar 8, 2018 | Apr 2, 2018 | Feb 26, 2018 | $0.34 | normal |
| Dec 7, 2017 | Jan 2, 2018 | Nov 10, 2017 | $0.34 | normal |
| Sep 7, 2017 | Oct 2, 2017 | Aug 28, 2017 | $0.33 | normal |
| Jun 7, 2017 | Jul 3, 2017 | May 26, 2017 | $0.33 | normal |
| Mar 8, 2017 | Apr 3, 2017 | Feb 27, 2017 | $0.33 | normal |
| Dec 7, 2016 | Jan 3, 2017 | Nov 4, 2016 | $0.33 | normal |
| Sep 7, 2016 | Oct 3, 2016 | Aug 29, 2016 | $0.33 | normal |
| Jun 8, 2016 | Jul 1, 2016 | May 18, 2016 | $0.33 | normal |
UBSI has a payout ratio of 53.7% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 39.4%, United Bankshares's payout ratio is 36% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HBAN Huntington Bancshares Inc | 4.71% | $0.62 | 49.2% |
| UBSI United Bankshares Inc | 4.48% | $1.46 | 53.7% |
| SNV Synovus Financial Corp | 4.15% | $1.52 | 43.7% |
| FITB Fifth Third Bancorp | 4.05% | $1.38 | 42.7% |
| FNB Fnb Corp | 3.75% | $0.48 | 36.4% |
| MTB M&T Bank Corp | 3.74% | $5.2 | 32.8% |
| FCBC First Community Bankshares Inc | 3.66% | $1.16 | 43.4% |
| CHCO City Holding Co | 2.83% | $2.8 | 36.7% |
| FCNCA First Citizens Bancshares Inc | 0.31% | $4.78 | 0.6% |
Yes, United Bankshares has been paying dividends for the last 30 years.
UBSI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in June 2024.
United Bankshares's last regular dividend was on Mar 7, 2024 (ex-date) with the amount of $0.37 per share.
UBSI's annualized dividend per share is $1.46.
United Bankshares's current dividend yield is 4.48%.
United Bankshares pays dividends quarterly.
United Bankshares's dividend payout ratio is 53.7%.
United Bankshares's dividend yield is above the Financial Services sector average.