First United Hikes Dividend 18%

Dow Jones

09/25

By Terell Wright

First United boosted its dividend by 18% to 26 cents per share from 22 cents.

The new payout, equal to $1.04 per year, represents an annual yield of about 2.8%, based on Wednesday's closing price of $37.57.

The commercial banking company on Wednesday said the new dividend will be paid on Nov. 3 to common stockholders as of the close of business on Oct. 17.

Write to Terell Wright at terell.wright@wsj.com

(END) Dow Jones Newswires

September 24, 2025 17:19 ET (21:19 GMT)

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