United Community Banks Launches Strategic Capital Initiative

United Community Banks has captured market attention with a significant capital management move announced this month, highlighting the regional financial institution’s robust financial position and forward-looking strategic approach.

Demonstrating ongoing commitment to shareholder value, United Community Banks’ board of directors approved a 4.2% increase in the quarterly cash dividend on August 14. The dividend now stands at $0.25 per common share, marking the eleventh consecutive year of dividend growth for the institution. This consistent pattern of returning value to shareholders complements other strategic financial measures undertaken by the management team.

Preferred Stock Redemption Strategy

On August 15, the company revealed plans to redeem all outstanding shares of its 6.875% Series I Non-Cumulative Perpetual Preferred Stock. Scheduled for September 15, this redemption will... Read more...