United Bankshares's last quarterly cash dividend of $0.36 per share was issued to shareholders on record before Dec 8, 2022. At an annualized rate of $1.44 per share, the stock yields 3.66%.
UBSI has a dividend yield of 3.66% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.72%, United Bankshares's dividend yield is 35% higher. Historically UBSI's dividend yield has averaged at 4.1% in the last 5 years, which is above the current yield.
United Bankshares has been paying dividends for the last 28 years. According to our records UBSI has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 2.1% for the last twelve months. However with the stock price up by 12% from a year ago, the dividend yield has decreased by 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 54.8% 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 31.1%, United Bankshares's payout ratio is 76% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HBAN Huntington Bancshares Inc | 4.13% | $0.62 | 47.7% |
| UBSI United Bankshares Inc | 3.66% | $1.44 | 54.8% |
| FNB Fnb Corp | 3.49% | $0.48 | 42.1% |
| FITB Fifth Third Bancorp | 3.49% | $1.26 | 38.5% |
| FCBC First Community Bankshares Inc | 3.48% | $1.12 | 41.6% |
| SNV Synovus Financial Corp | 3.3% | $1.36 | 27.5% |
| MTB M&T Bank Corp | 3.1% | $4.8 | 45.2% |
| CHCO City Holding Co | 2.72% | $2.5 | 39.7% |
| FCNCA First Citizens Bancshares Inc | 0.28% | $2.16 | 3.4% |
Yes, United Bankshares has been paying dividends for the last 28 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 March 2023.
United Bankshares's last regular dividend was on Dec 8, 2022 (ex-date) with the amount of $0.36 per share.
UBSI's annualized dividend per share is $1.44.
United Bankshares's current dividend yield is 3.66%.
United Bankshares pays dividends quarterly.
United Bankshares's dividend payout ratio is 54.8%.
United Bankshares's dividend yield is above the Financial Services sector average.