First United hikes dividend by 18.2%

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First United (FUNC) will hike its quarterly dividend by 18.2% to 26 cents per share in 2025. This marks 7 consecutive years of increases for FUNC.

At a stock price of $38 the dividend yield for FUNC is 2.7%. The stock has gained almost 15% YTD. The next ex-date for FUNC will be October 17, 2025. Last year the bank announced a dividend hike of 10%.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.

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