United Community Banks, Inc. to Go Ex-Dividend on June 11th

Press release from the issuing company

Thursday, June 11th, 2015

United Community Banks announced a quarterly dividend on Thursday, May 28th, MarketBeat.Com reports. Investors of record on Monday, June 15th will be paid a dividend of 0.05 per share by the financial servicesprovider on Wednesday, July 1st. This represents a $0.20 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, June 11th. 

Shares of United Community Banks traded up 1.91% during mid-day trading on Wednesday, hitting $19.76. 116,553 shares of the company’s stock traded hands. United Community Banks has a one year low of $15.16 and a one year high of $19.81. The stock’s 50-day moving average is $18. and its 200-day moving average is $18.. The company has a market cap of $1.19 billion and a P/E ratio of 17.18.

United Community Banks last posted its quarterly earnings results on Wednesday, April 22nd. The financial services provider reported $0.29 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.29. During the same quarter last year, the company posted $0.25 earnings per share. Analysts expect that United Community Banks will post $1.27 EPS for the current fiscal year.