United Community Banks Announces Dividend Payout
United Community Banks, Inc. (NYSE: UCB) has made a significant announcement that is set to impact its shareholders positively. The Bank's Board of Directors has approved a quarterly cash dividend of $0.24 per share on its common stock. This dividend reflects the company's ongoing commitment to rewarding its shareholders and excellent financial performance.
Details of the Dividend Payment
The approved dividend will be distributed on April 4, 2025, to shareholders who are on record as of March 14, 2025. This timely payout not only illustrates United's robust earnings potential but also strengthens its relationship with investors who place trust in their financial stewardship.
About United Community Banks, Inc.
United Community Banks, Inc. operates as a financial holding company for United Community. The organization ranks among the top 100 financial institutions in the U.S. and is dedicated to enhancing the financial health of its customers and communities. Offering a comprehensive range of services, United Community engages in banking, wealth management, and mortgage services. As of the last reporting date, it boasted approximately $27.7 billion in total assets.
Corporate Presence
With a strategic network of 199 offices across various states—including Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee—United Community has positioned itself as a nationally recognized financial institution. The company has also established a national Small Business Administration (SBA) lending franchise and an equipment lending subsidiary.
A Commitment to Customer Satisfaction
Having secured accolades consistently, United Community was honored in 2024 with J.D. Power's award for best customer satisfaction in the Southeast region—a testament to its focus on providing outstanding service. Furthermore, the Bank has been recognized by American Banker as one of the "Best Banks to Work For" for eight consecutive years and has received numerous awards from Greenwich for excellence in small business and middle market banking.
Recognitions and Achievements
The consistent positive feedback highlights United's dedication to its customers and employees. In addition, Forbes has recognized it as one of the World's Best Banks, achieving rankings among America's leading banks. Such accolades not only cement the trust of its clients but also attract potential investors looking for stable and quality banking options.
Contact Information
For further inquiries, reach out to:
Jefferson Harralson
Chief Financial Officer
(864) 240-6208
Jefferson_Harralson@ucbi.com
Frequently Asked Questions
What is the announced dividend per share by United Community Banks?
The announced dividend is $0.24 per share on common stock.
When will the dividend be payable?
The dividend is payable on April 4, 2025, to shareholders on record as of March 14, 2025.
What does United Community Banks do?
United Community Banks provides a wide range of banking, wealth management, and mortgage services as a top 100 U.S. financial institution.
How many offices does United Community Banks operate?
As of now, United Community has 199 offices across multiple states.
What recent accolades has United Community Banks received?
In 2024, the Bank was recognized for customer satisfaction by J.D. Power and was listed among the "Best Banks to Work For" by American Banker.
