United Community Banks's last quarterly dividend of $0.23 per share was on Mar 14, 2024 (ex-date). The annualized dividend payment of $0.92 per share represents a current dividend yield of 3.49%.
United Community Banks's dividend yield of 3.49% is above the Financial Services sector average but below the industry and its peers average. But compared to its Financial Services sector average of 3.36%, United Community Banks's dividend yield is only 3.9% higher. The historical 5-year average of UCBI's dividend yield is 2.9%, which is below the current yield.
United Community Banks has a dividend history dating as far as 2002, but when it comes to recent years the company has recorded ten consecutive years of dividend payments. Our records of UCBI show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 4.5% since one year ago. And with the stock price up by 0.9% from a year ago, the dividend yield has grown by 3.5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Apr 5, 2024 | Feb 23, 2024 | $0.23 | normal |
| Dec 14, 2023 | Jan 5, 2024 | Nov 27, 2023 | $0.23 | normal |
| Sep 14, 2023 | Oct 5, 2023 | Aug 21, 2023 | $0.23 | normal |
| Jun 14, 2023 | Jul 5, 2023 | May 18, 2023 | $0.23 | normal |
| Mar 14, 2023 | Apr 5, 2023 | Feb 22, 2023 | $0.23 | normal |
| Dec 14, 2022 | Jan 5, 2023 | Nov 10, 2022 | $0.22 | normal |
| Sep 14, 2022 | Oct 5, 2022 | Aug 18, 2022 | $0.22 | normal |
| Jun 14, 2022 | Jul 5, 2022 | May 19, 2022 | $0.21 | normal |
| Mar 14, 2022 | Apr 5, 2022 | Feb 17, 2022 | $0.21 | normal |
| Dec 14, 2021 | Jan 5, 2022 | Nov 10, 2021 | $0.2 | normal |
| Sep 14, 2021 | Oct 5, 2021 | Aug 12, 2021 | $0.2 | normal |
| Jun 14, 2021 | Jul 5, 2021 | May 13, 2021 | $0.19 | normal |
| Mar 12, 2021 | Apr 5, 2021 | Feb 18, 2021 | $0.19 | normal |
| Dec 14, 2020 | Jan 5, 2021 | Nov 5, 2020 | $0.18 | normal |
| Sep 14, 2020 | Oct 5, 2020 | Aug 5, 2020 | $0.18 | normal |
| Jun 12, 2020 | Jul 6, 2020 | May 6, 2020 | $0.18 | normal |
| Mar 13, 2020 | Apr 6, 2020 | Feb 5, 2020 | $0.18 | normal |
| Dec 13, 2019 | Jan 6, 2020 | Nov 7, 2019 | $0.18 | normal |
| Sep 12, 2019 | Oct 5, 2019 | Aug 7, 2019 | $0.17 | normal |
| Jun 13, 2019 | Jul 5, 2019 | May 9, 2019 | $0.17 | normal |
| Mar 14, 2019 | Apr 5, 2019 | Feb 6, 2019 | $0.16 | normal |
| Dec 13, 2018 | Jan 7, 2019 | Nov 7, 2018 | $0.16 | normal |
| Sep 13, 2018 | Oct 5, 2018 | Aug 1, 2018 | $0.15 | normal |
| Jun 14, 2018 | Jul 5, 2018 | May 10, 2018 | $0.15 | normal |
| Mar 14, 2018 | Apr 5, 2018 | Feb 7, 2018 | $0.12 | normal |
| Dec 14, 2017 | Jan 5, 2018 | Nov 3, 2017 | $0.1 | normal |
| Sep 14, 2017 | Oct 5, 2017 | Aug 3, 2017 | $0.1 | normal |
| Jun 13, 2017 | Jul 5, 2017 | May 11, 2017 | $0.09 | normal |
| Mar 13, 2017 | Apr 5, 2017 | Feb 1, 2017 | $0.09 | normal |
| Dec 13, 2016 | Jan 5, 2017 | Nov 4, 2016 | $0.08 | normal |
| Sep 13, 2016 | Oct 5, 2016 | Jul 22, 2016 | $0.08 | normal |
| Jun 13, 2016 | Jul 1, 2016 | May 13, 2016 | $0.07 | normal |
| Mar 11, 2016 | Apr 1, 2016 | Feb 4, 2016 | $0.07 | normal |
United Community Banks's payout ratio of 59.7% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 39.6%, United Community Banks's payout ratio is 51% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| COLB Columbia Banking System Inc | 7.56% | $1.44 | 80.4% |
| NRIM Northrim Bancorp Inc | 5.02% | $2.41 | 53.2% |
| UCBI United Community Banks Inc | 3.56% | $0.92 | 59.7% |
| BANF Bancfirst Corp | 1.89% | $1.69 | 26.2% |
| ABCB Ameris Bancorp | 1.26% | $0.6 | 15.4% |
Yes, United Community Banks has paid four dividends in the last 12 months. UCBI has been paying dividends since 2014.
Currently UCBI's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in June 2024.
United Community Banks's last dividend ex-date was on Mar 14, 2024. The dividend amount was $0.23 per share.
UCBI has paid dividend of $0.92 per share in the last year.
United Community Banks's current dividend yield is 3.49%.
United Community Banks has a quarterly dividend frequency.
United Community Banks's dividend payout ratio is 59.7%.
United Community Banks's dividend yield is similar to the Financial Services sector average.