United Community Banks, Inc.Announces Quarterly Cash Dividends on Common and Preferred Shares
GREENVILLE, SC, Aug. 12, 2021 (GLOBE NEWSWIRE) – United Community Banks, Inc. (NASDAQ: UCBI) (“United”), announced that its board of directors has approved a quarterly cash dividend of $ 0.20 per share on ordinary shares. The dividend is payable on October 5, 2021 to shareholders of record on September 15, 2021.
The Board of Directors also approved a quarterly cash dividend of $ 429.6875 per share (equivalent to $ 0.4296875 per custodian share or 1/1000 interest per share) on non-cumulative perpetual preferred shares at 6.875 %, Series I (NASDAQ: UCBIO). The dividend is payable on September 15, 2021 to shareholders of record on August 31, 2021.
About United Community Banks, Inc.
United Community Banks, Inc. (NASDAQGS: UCBI) provides a full suite of banking, wealth management and mortgage services to relationship-oriented consumers and business owners. The company, known as “the bank the service built”, has been recognized nationally for delivering award-winning services. United has $ 18.9 billion in assets and 162 offices in Florida, Georgia, North Carolina, South Carolina and Tennessee, as well as a national SBA loan franchise and a national loan affiliate of equipment. In 2021, JD Power ranked United number one in customer satisfaction with retail banking in the Southeast, marking seven of the last eight years United has won the coveted award. United was also named one of American Banker’s ‘Best Banks to Work for’ in 2020 for the fourth year in a row based on employee satisfaction. Forbes included United on its inaugural list of the best banks in the world in 2019 and again in 2020. Forbes also recognized United on its 2021 list of America’s top 100 banks for the eighth consecutive year. United also received five Greenwich Excellence Awards in 2020 for excellence in small business banking, including a national award for overall satisfaction. Additional information about United is available at www.ucbi.com.
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