United Community Banks Announces Dividend Increase
United Community Banks, Inc. (NYSE: UCB) has recently made headlines by announcing an impressive 4.2% increase in its quarterly cash dividend for shareholders. This rise brings the common stock dividend to $0.25 per share. It is set to be distributed to dividend recipients on the 3rd of October, ensuring that those who are registered by the 15th of September will benefit from this financial decision.
Details of the Preferred Stock Dividend
In addition to the common stock dividend, the Board of Directors has announced a cash dividend of $429.6875 per share on the Company’s Non-Cumulative Perpetual Preferred Stock, Series I (NYSE: UCB PRI). This dividend will be payable to shareholders who are on record as of the 29th of August, with the actual payment taking place on the 15th of September. Such initiatives highlight the company's commitment to providing value to all classes of stockholders.
About United Community Banks, Inc.
United Community Banks, Inc. stands as a leading financial institution, playing a pivotal role in fostering economic growth and supporting communities. With assets totaling $28.1 billion, the company operates around 200 banking offices across various states, including Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. Their diverse services range from banking and mortgages to wealth management, aligning comfortably with the needs of both individual and business clients.
Commitment to Customer Satisfaction
United Community is not just a financial institution; it is a community partner. Recently, the company has garnered recognition as a premier provider of customer service. With eleven J.D. Power awards for customer satisfaction, it continues to lead in the Southeast. Moreover, in 2025, it was honored as the most trusted bank in the region, further solidifying its reputation for outstanding customer service.
Industry Recognition
In the competitive landscape of banking, United Community has consistently raised the bar. American Banker acknowledged the institution as one of the “Best Banks to Work For” for eight consecutive years, illustrating their strong workplace culture and commitment to employee satisfaction. Furthermore, in commercial banking, the organization secured five Greenwich Best Brand awards in 2025, including accolades for middle market satisfaction on a national level.
Nationally Recognized SBA Lending
United Community Banks, Inc. successfully manages a nationally recognized Small Business Administration (SBA) lending franchise, creating pathways for small businesses to flourish. This system is complemented by a national equipment finance subsidiary, extending assistance and services to enterprises across the United States, further enhancing the company’s impact in the financial sector.
For More Information
For those seeking further insights or details regarding United Community Banks, you can connect with their Chief Financial Officer, Jefferson Harralson, at (864) 240-6208 or via email at Jefferson_Harralson@ucbi.com.
Frequently Asked Questions
What is the new quarterly cash dividend declared by United Community Banks?
The new quarterly cash dividend is $0.25 per share, which reflects an increase of 4.2%.
When will the dividend be payable?
The dividend is payable on October 3, 2025, to shareholders who are on record by September 15, 2025.
What is the dividend for the Preferred Stock (Series I)?
The quarterly cash dividend for the Preferred Stock is $429.6875 per share, payable on September 15, 2025.
What services does United Community Banks offer?
United Community Banks offers a wide range of services, including banking, mortgage, and wealth management services to individuals and businesses.
What notable awards has United Community Banks received?
United Community Banks has won multiple awards for customer satisfaction, including eleven J.D. Power awards and recognition from American Banker as one of the Best Banks to Work For.
