United Community Banks, Inc. (NYSE:UCB) Announces Quarterly Dividend of $0.26

United Community Banks, Inc. (NYSE:UCB) announced a quarterly dividend on Thursday, November 12th. Investors of record on Tuesday, December 15th will be given a dividend of $0.26 per share on Tuesday, January 5th. This represents a $1.04 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, December 15th.

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

United Community Banks Stock Down 0.5%

United Community Banks stock opened at $37.26 on Friday. The business’s 50-day moving average price is $35.23 and its 200 day moving average price is $34.23. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.01. The firm has a market cap of $4.49 billion, a price-to-earnings ratio of 12.95 and a beta of 0.86. United Community Banks has a 52 week low of $28.82 and a 52 week high of $38.63.

United Community Banks (NYSE:UCB) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $0.77 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.77. United Community Banks had a return on equity of 9.66% and a net margin of 9.06%. The company had revenue of $291.90 million during the quarter. As a group, sell-side analysts anticipate that United Community Banks will post 3.01 earnings per share for the current year.

About United Community Banks

United Community Banks, Inc. is the bank holding company for United Community Bank, a regional financial institution serving individuals, businesses and organizations across the southeastern United States. The company traces its roots to 1950, when Union County Bank opened in Blairsville, Georgia. United Community Bank offers personal and business deposit accounts, lending, and other banking services. Its offerings also include mortgage banking, wealth management and insurance services. The company operates across Georgia, North Carolina, South Carolina, Tennessee, Alabama and Florida, combining community-based banking with a regional branch and digital-service network.