United Bankshares Inc. (NASDAQ: UBSI) announced a quarterly dividend of $0.38 per share, payable Oct. 1, 2026 to shareholders of record as of Sept. 11, 2026.
The payout totals approximately $51.8 million across 136.2 million shares, continuing the company’s streak of 52 consecutive annual dividend increases.
The board also approved a new share repurchase plan authorizing the purchase of up to 6.8 million shares, equivalent to about 5% of the company’s issued and outstanding common stock. The plan replaces a prior authorization from November 2025 and allows for open market purchases, privately negotiated transactions or other methods, with timing and volume at management’s discretion.
Repurchased shares will be used to fund employee benefit programs and other corporate purposes, including potential acquisitions.
As of June 30, 2026, United Bankshares reported consolidated assets of roughly $34 billion. Its subsidiary, United Bank, operates more than 240 branches across Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Georgia, Ohio and Pennsylvania.
The company’s shares closed at $47.80 on Aug. 24, 2026, down $0.01.
