United Community Banks, Inc. Announces Quarterly Cash Dividends on Common and Preferred Stock
27 November 2023 - 4:00PM
United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported
that its Board of Directors approved a quarterly cash dividend of
$0.23 per share on the Company’s common stock. The dividend is
payable January 5, 2024 to shareholders of record as of December
15, 2023.
The Board of Directors also approved a quarterly
cash dividend of $429.6875 per share (equivalent to $0.4296875 per
depositary share or 1/1000th interest per share) on the Company’s
6.875% Non-Cumulative Perpetual Preferred Stock, Series I (NASDAQ:
UCBIO). The dividend is payable December 15, 2023 to shareholders
of record on November 30, 2023.
About United Community Banks, Inc.United
Community Banks, Inc. (NASDAQ: UCBI) is the financial holding
company for United Community, a top 100 US financial
institution that is committed to improving the financial health and
well-being of its customers and ultimately the communities it
serves. United Community provides a full range of
banking, wealth management, and mortgage services. As
of September 30, 2023, United
Community has $26.9 billion in assets and 205
offices across Alabama, Florida, Georgia, North
Carolina, South Carolina, and Tennessee, as well as a
national SBA lending franchise and a national equipment financing
subsidiary. United Community has been recognized
nationally as a leader in customer service, financial performance,
and workplace environment. Among the accolades, United
Community is a nine-time winner of the J.D.
Power award that ranked the bank #1 in customer satisfaction
with consumer banking in the Southeast and was recognized in 2023
by Forbes as one of the World's Best Banks and one of America's
Best Banks. United Community was also recognized by
Newsweek in 2023 as one of the Most Trusted Companies in America,
is a multi-award recipient of the Greenwich Excellence Awards and
was named by American Banker as one of the "Best Banks to Work For"
in 2023 for the seventh consecutive year. Additional information
about United Community can be found at ucbi.com.
For more information:Jefferson
HarralsonChief Financial Officer(864)
240-6208Jefferson_Harralson@ucbi.com
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