United Community Banks (UCBI) Raises Quarterly Dividend 20% to $0.06; 1.2% Yield

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United Community Banks, Inc. Increases Quarterly Cash Dividend

August 13, 2015 11:30 AM EDT

BLAIRSVILLE, Ga., Aug. 13, 2015 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI), reported that its Board of Directors increased its regular quarterly cash dividend from five to six cents per common share. The dividend is payable October 1, 2015, to shareholders of record on September 15, 2015.

"The quarterly cash dividend represents a payout ratio of 19 percent based on recently... More