United Bankshares, Inc. (NASDAQ: UBSI), today announced that its Board
of Directors declared a second quarter dividend of $0.29 per share for
shareholders of record as of June 12, 2009.
The dividend payout of approximately $12.6 million on 43.4 million
shares is payable July 1, 2009. The annualized 2009 dividend of $1.16
equates to a yield of approximately 5% based on recent UBSI market
prices.
United Bankshares, with $8.0 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
under the quotation symbol "UBSI."
United Bankshares, Inc.
Steven E. Wilson, 800-445-1347 ext. 8704
Chief
Financial Officer
