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FIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2025 DIVIDEND

1. First United Corporation declared a cash dividend of $0.22 per share. 2. Dividends are payable on May 1, 2025, to record holders as of April 17. 3. The corporation is involved in low-income housing developments. 4. First United is a parent company with multiple financial subsidiaries. 5. Dividend declaration may signal financial stability to investors.

Earnings
-1.46%Current Return
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-1.77%S&P 500
$33.5903/05 04:49 PM EDTEvent Start
$33.103/06 11:25 PM EDTLatest Updated
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FAQ

Why Bullish?

The dividend announcement reflects financial stability and can attract investor interest, similar to past dividend declarations leading to price increases.

How important is it?

Dividends attract income-focused investors and indicate healthy cash flow, enhancing FUNC's market appeal.

Why Long Term?

Consistent dividend payments can bolster investor confidence and drive long-term stock appreciation as seen with other stable dividend-paying companies.

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JNJKOT
, /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.22 per share that will be payable on May 1, 2025, to holders of record of the Corporation's common stock as of the close of business on April 17, 2025.  About First United Corporation First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers.  The Bank's wholly-owned subsidiaries include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, both of which are finance companies, and First OREO Trust and FUBT OREO I, LLC, both of which were formed for the purposes of holding, servicing and disposing of the real estate that the Bank acquires through foreclosure or by deed in lieu of foreclosure.  The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership, which was formed for the purpose of acquiring, developing and operating low-income housing units in Garrett County, Maryland and a 99.9% non-voting membership interest in MCC FUBT Fund, LC, an Ohio limited liability company formed for the purpose of acquiring, developing and operating low-income housing units in Allegany County, Maryland.  The Corporation's website is www.mybank.com. SOURCE First United Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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