United Community Banks, Inc. Announces Quarterly Cash Dividend Increase
Monday, February 12th, 2018
United Community Banks, Inc., reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.12 per common share. The dividend is payable April 5, 2018 to shareholders of record on March 15, 2018.
CEO Jimmy Tallent stated, "We are excited about United's growth and profitability outlook in 2018 and beyond, and our increased $0.12 quarterly dividend reflects this optimism. It represents 33% growth over last year's dividend and 20% growth over last quarter."