GREENVILLE, S.C., Feb. 07, 2019 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $0.16 per common share. The dividend is payable April 5, 2019 to shareholders of record on March 15, 2019. This represents a 33% increase over the quarterly dividend a year ago.
About United Community Banks, Inc.
United Community Banks, Inc. (NASDAQ: UCBI) is a bank holding company headquartered in Blairsville, Georgia, with executive offices in Greenville, South Carolina. The company’s banking subsidiary, United Community Bank, is one of the southeast region’s largest full-service banks with $12.5 billion in assets as of December 31, 2018, and 149 offices in Georgia, North Carolina, South Carolina and Tennessee. The bank specializes in personalized community banking services for individuals, small businesses and corporations. Services include a full range of consumer and commercial banking products, including mortgage, advisory, and treasury management. Respected national research firms consistently recognize United Community Bank for outstanding customer service. For the last five years, J.D. Power has ranked United Community Bank first in customer satisfaction in the Southeast. In 2019, for the sixth consecutive year, Forbes magazine included United on its list of the 100 Best Banks in America. Additional information about the company and the bank can be found at www.ucbi.com.
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Source: United Community Banks, Inc.