United Community Banks, Inc. (NASDAQ:UCB) Plans Quarterly Dividend of $0.24

United Community Banks, Inc. (NASDAQ:UCB) announced a quarterly dividend on Thursday, August 15th, NASDAQ reports. Investors of record on Monday, September 16th will be paid a dividend of 0.24 per share on Friday, October 4th. This represents a $0.96 annualized dividend and a dividend yield of 3.30%. The ex-dividend date is Monday, September 16th. This is a positive change from United Community Banks’s previous quarterly dividend of $0.23.

United Community Banks Stock Performance

Shares of UCB opened at $29.05 on Friday. United Community Banks has a twelve month low of $21.63 and a twelve month high of $31.96. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 13.66 and a beta of 0.89.

United Community Banks (NASDAQ:UCB) last released its quarterly earnings results on Wednesday, July 24th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. The business had revenue of $245.26 million for the quarter, compared to analysts’ expectations of $237.80 million. United Community Banks had a return on equity of 8.04% and a net margin of 13.36%. On average, sell-side analysts predict that United Community Banks will post 2.25 earnings per share for the current year.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.