First United raised dividend to USD 0.28: First United stock yields 2.38 percent

Published on 10/08/2026 at 20:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Payout reached USD 0.28 on September 23, 2026. First United stock costs EUR 38.80 on October 8, 2026, unchanged versus EUR 38.80.

Key points in brief

First United raised its quarterly dividend to USD 0.28 per share on September 23, 2026.
Second-quarter adjusted earnings per share reached USD 1.13, while GAAP earnings per share were USD 0.87.
The Lang & Schwarz price was EUR 38.80 on October 8, 2026, unchanged from the EUR 38.80 prior close.

FUNC, US33741H1077, Illustration mit AI erstellt.

First United Corporation (ISIN US33741H1077) raised its quarterly cash dividend to USD 0.28 per share on September 23, 2026, from USD 0.26. MarketBeat listed a 2.38 percent dividend yield for First United stock on October 8, 2026.

Dividend reaches USD 0.28

The payment is scheduled for November 2, 2026, to shareholders of record on October 19, 2026. PR Newswire said the board approved the cash distribution on September 23, 2026.

At the new rate, four quarterly payments would total USD 1.12 per share. MarketBeat listed a 26.94 percent payout ratio, giving the dividend a measurable connection to earnings rather than making the increase a stand-alone corporate action.

Second-quarter earnings show two views

FinancialSumo reported that second-quarter revenue reached USD 23.99 million, up from USD 21.85 million a year earlier, while GAAP diluted earnings per share fell to USD 0.87 from USD 0.92. Adjusted earnings per share were USD 1.13, 7.62 percent above consensus.

The distinction matters because adjusted net income was USD 7.3 million, compared with GAAP net income of USD 5.7 million, after a one-time USD 1.7 million after-tax consulting charge. The same report put fully tax-equivalent net interest margin at 3.98 percent, up 0.15 percentage points sequentially.

Three dated steps to the payout

On April 20, 2026, First United reported first-quarter diluted earnings per share of USD 1.02, according to Stocktwits. On July 20, 2026, the company reported second-quarter earnings per share of USD 1.13 versus USD 1.05 consensus, according to MarketBeat. On September 23, 2026, the board declared the USD 0.28 dividend, according to PR Newswire.

What does the dividend mean?

The 2.38 percent yield and 26.94 percent payout ratio frame the increase as an income event supported by the latest earnings profile. First United operates through First United Bank & Trust and serves retail, commercial and trust customers in Maryland, West Virginia, Pennsylvania and Virginia.

Next dates are October 19 and November 2

October 19, 2026 is the record and ex-dividend date, while November 2, 2026 is the scheduled payment date, according to PR Newswire.

First United stock stays unchanged

First United stock was trading at EUR 38.80 at Lang & Schwarz on October 8, 2026, unchanged versus the prior close of EUR 38.80. The Nasdaq quote was USD 43.09 at 2:13 p.m. ET on October 8, 2026, while the 52-week range was USD 33.54 to USD 46.30.

The further course of trading is shown by the continuously updated real-time quote of First United stock.