Attached files
| file | filename |
|---|---|
| 8-K - 8-K - Atlantic Union Bankshares Corp | a8-koct18dividend.htm |
Exhibit 99.1
Union Bankshares Corporation Declares Quarterly Dividend
Richmond, Va., October 25, 2018 - Union Bankshares Corporation has declared a quarterly dividend of $0.23 per share. The dividend amount is the same as the prior quarter’s dividend and is a $0.02, or 10%, increase from the prior year’s dividend.
Based on the stock’s closing price of $32.09 on October 24, 2018, the dividend yield is approximately 2.9%. The dividend is payable on November 23, 2018 to shareholders of record as of November 9, 2018.
ABOUT UNION BANKSHARES CORPORATION
Headquartered in Richmond, Virginia, Union Bankshares Corporation (Nasdaq: UBSH) is the holding company for Union Bank & Trust, which has 140branches, seven of which are operated as Xenith Bank, a division of Union Bank & Trust of Richmond, Virginia, and approximately 190 ATMs located throughout Virginia and in portions of Maryland and North Carolina. Non-bank affiliates of the holding company include: Old Dominion Capital Management, Inc. and Dixon, Hubard, Feinour, & Brown, Inc., which both provide investment advisory services, and Union Insurance Group, LLC, which offers various lines of insurance products.
Contact: Bill Cimino (804) 448-0937, VP and Director of Investor Relations
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