United Community Banks, Inc. (UCB) To Go Ex-Dividend on September 15th

United Community Banks, Inc. (NYSE:UCB) declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.26 per share on Monday, October 5th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 15th. This is a 4.0% increase from United Community Banks’s previous quarterly dividend of $0.25.

United Community Banks has increased its dividend by an average of 0.1%per year over the last three years.

United Community Banks Price Performance

UCB opened at $36.78 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market capitalization of $4.40 billion, a PE ratio of 12.10 and a beta of 0.82. The stock’s 50 day moving average price is $35.12 and its 200-day moving average price is $33.74. United Community Banks has a 52-week low of $28.65 and a 52-week high of $37.18.

United Community Banks (NYSE:UCB) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.09). The business had revenue of $279.28 million during the quarter. United Community Banks had a return on equity of 9.61% and a net margin of 24.43%. On average, equities research analysts predict that United Community Banks will post 2.93 EPS for the current year.

About United Community Banks

United Community Banks, Inc (NYSE: UCB) is a bank holding company headquartered in Blairsville, Georgia. It operates primarily through its subsidiary, United Community Bank, providing a broad range of banking and financial services to individual, business and governmental customers. The company’s core offerings include deposit accounts, commercial and consumer lending, mortgage origination, treasury and cash management services, and wealth management.

In addition to traditional banking products such as checking, savings and money market accounts, United Community Bank specializes in commercial real estate financing, small business administration (SBA) loans, equipment financing and agricultural lending.