United Bankshares, Inc. (NASDAQ: UBSI) today announced that its Board of
Directors declared a first quarter 2009 dividend of 29ยข per share for
shareholders of record as of March 13, 2009.
The dividend payout of approximately $12.6 million on 43.4 million
shares is payable April 1, 2009. The annualized 2009 dividend of $1.16
equates to a yield of approximately 5.5% based on recent UBSI market
prices. The year of 2008 represented the thirty-fifth consecutive year
of dividend increases for United shareholders.
United Bankshares, with $8.1 billion in assets, has 114 full-service
offices in West Virginia, Virginia, Maryland, Ohio, and Washington, D.C.
United Bankshares stock is traded on the NASDAQ Global Select Market
System under the quotation symbol "UBSI". www.ubsi-inc.com.
United Bankshares
Steven E. Wilson, Chief Financial Officer
800-445-1347
ext. 8704
