First United Corp.'s strong earnings, with a net profit of $5.8M in Q3 and an EPS of $0.89, support a safe dividend hike. The bank's loan book is real estate heavy but shows low delinquency rates, with less than 0.4% past due and accruing. FUNC's book value is $26.89 per share, with a tangible book value of $25.06, making it relatively attractively valued at a $34 share price.
OAKLAND, Md. , Nov. 20, 2024 /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 February 3, 2025, to holders of record of the Corporation's common stock as of the close of business on January 17, 2025.
OAKLAND, Md. , Oct. 21, 2024 /PRNewswire/ -- First United Corporation (the "Corporation, "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and nine-month periods ended September 30, 2024.
The article highlights six companies with an average dividend increase of 9%, with RPM International achieving Dividend King status with a nearly 11% raise. My investment strategy focuses on buying, holding, and adding companies that consistently increase dividends and outperform benchmarks, using data from U.S. Dividend Champions and NASDAQ. All stocks have at least five fiscal years of divide...
OAKLAND, Md. , Sept. 25, 2024 /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 November 1, 2024, to holders of record of the Corporation's common stock as of October 18, 2024.
OAKLAND, Md. , July 22, 2024 /PRNewswire/ -- First United Corporation (the "Corporation, "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and six-month periods ended June 30, 2024.
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