The dividend payout of approximately $12.6 million on 43.4 million shares is payable October 1, 2009. The annualized 2009 dividend of $1.16 equates to a yield of over 6% based on recent UBSI market prices.
United Bankshares, with $7.8 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."
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