Current Yield
3.29%
TTM Dividend/Share
$1.51
Payment Frequency
Quarterly
Payout Ratio
42.3%
Consecutive Growth Years
32 (Dividend Champion)
Key takeaways
- Dividend Champion — United Bankshares (UBSI) has raised its dividend for 32 consecutive years.
- United Bankshares (UBSI) currently yields 3.29%, paying $1.51 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 42.3% — the share of earnings distributed as dividends.
- 8 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 1.25% (growth is decelerating).
Dividend yield valuation for United Bankshares (UBSI)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 3.29% |
1-year average yield | 3.87%now 0.58 pp below |
3-year average yield | 3.90%now 0.61 pp below |
5-year average yield | 3.82%now 0.53 pp below |
UBSI: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for United Bankshares (UBSI)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 4.5% |
FCF payout ratio | 10.2% |
Net debt / EBITDA | -2.4x |
Interest coverage | 1.11x |
ROIC (TTM) | 15.3% |
Dividend safety score for United Bankshares (UBSI)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
8 of 8 checks passed
Payout ratio below 75%
Payout ratio is 42.3%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $315M — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
32 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 10.2%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -2.4x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (1.3%) ≤ EPS growth (5.0%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
157 payments from 1987 to 2026 · Adj. Dividend is split-adjusted
| Jun 12, 2026 | Jul 1, 2026 | $0.3800 | $0.3800 |
| Mar 13, 2026 | Apr 1, 2026 | $0.3800 | $0.3800 |
| Dec 12, 2025 | Jan 2, 2026 | $0.3800 | $0.3800 |
| Sep 12, 2025 | Oct 1, 2025 | $0.3700 | $0.3700 |
| Jun 13, 2025 | Jul 1, 2025 | $0.3700 | $0.3700 |
| Mar 14, 2025 | Apr 1, 2025 | $0.3700 | $0.3700 |
| Dec 13, 2024 | Jan 2, 2025 | $0.3700 | $0.3700 |
| Sep 13, 2024 | Oct 1, 2024 | $0.3700 | $0.3700 |
| Jun 14, 2024 | Jul 1, 2024 | $0.3700 | $0.3700 |
| Mar 7, 2024 | Apr 1, 2024 | $0.3700 | $0.3700 |
| Dec 7, 2023 | Jan 2, 2024 | $0.3700 | $0.3700 |
| Sep 7, 2023 | Oct 2, 2023 | $0.3600 | $0.3600 |
- Jun 12, 2026$0.3800
- Mar 13, 2026$0.3800
- Dec 12, 2025$0.3800
- Sep 12, 2025$0.3700
- Jun 13, 2025$0.3700
- Mar 14, 2025$0.3700
- Dec 13, 2024$0.3700
- Sep 13, 2024$0.3700
- Jun 14, 2024$0.3700
- Mar 7, 2024$0.3700
- Dec 7, 2023$0.3700
- Sep 7, 2023$0.3600
Historical dividend yield for United Bankshares (UBSI)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 3.87%5Y: 3.82%10Y: 3.76%
Dividend per share for United Bankshares (UBSI)
CAGR (per year)1Y: 0.68%5Y: 1.25%10Y: 1.45%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1987 | $0.20 | 3 |
| 1988 | $0.28 | 4 |
| 1989 | $0.32 | 4 |
| 1990 | $0.38 | 4 |
| 1991 | $0.39 | 4 |
| 1992 | $0.42 | 4 |
| 1993 | $0.57 | 4 |
| 1994 | $0.52 | 4 |
| 1995 | $0.58 | 4 |
| 1996 | $0.62 | 4 |
| 1997 | $0.68 | 4 |
| 1998 | $0.74 | 4 |
| 1999 | $0.82 | 4 |
| 2000 | $0.84 | 4 |
| 2001 | $0.91 | 4 |
| 2002 | $0.95 | 4 |
| 2003 | $1.00 | 4 |
| 2004 | $1.02 | 4 |
| 2005 | $1.05 | 4 |
| 2006 | $1.09 | 4 |
| 2007 | $1.13 | 4 |
| 2008 | $1.16 | 4 |
| 2009 | $1.17 | 4 |
| 2010 | $1.20 | 4 |
| 2011 | $1.21 | 4 |
| 2012 | $1.24 | 4 |
| 2013 | $1.25 | 4 |
| 2014 | $1.28 | 4 |
| 2015 | $1.29 | 4 |
| 2016 | $1.32 | 4 |
| 2017 | $1.33 | 4 |
| 2018 | $1.36 | 4 |
| 2019 | $1.37 | 4 |
| 2020 | $1.40 | 4 |
| 2021 | $1.41 | 4 |
| 2022 | $1.44 | 4 |
| 2023 | $1.45 | 4 |
| 2024 | $1.48 | 4 |
| 2025 | $1.49 | 4 |
| 2026 | $0.76 | 2 |
Dividend growth for United Bankshares (UBSI)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $1.4900 | — | — |
| 2025 | $1.4800 | $1.4900 | +0.7% |
| 2024 | $1.4500 | $1.4800 | +2.1% |
| 2023 | $1.4400 | $1.4500 | +0.7% |
| 2022 | $1.4100 | $1.4400 | +2.1% |
| 2021 | $1.4000 | $1.4100 | +0.7% |
| 2020 | $1.3700 | $1.4000 | +2.2% |
| 2019 | $1.3600 | $1.3700 | +0.7% |
| 2018 | $1.3300 | $1.3600 | +2.3% |
| 2017 | $1.3200 | $1.3300 | +0.8% |
| 2016 | $1.2900 | $1.3200 | +2.3% |
| 2015 | $1.2800 | $1.2900 | +0.8% |
| 2014 | $1.2500 | $1.2800 | +2.4% |
| 2013 | $1.2400 | $1.2500 | +0.8% |
| 2012 | $1.2100 | $1.2400 | +2.5% |
| 2011 | $1.2000 | $1.2100 | +0.8% |
| 2010 | $1.1700 | $1.2000 | +2.6% |
| 2009 | $1.1600 | $1.1700 | +0.9% |
| 2008 | $1.1300 | $1.1600 | +2.7% |
| 2007 | $1.0900 | $1.1300 | +3.7% |
| 2006 | $1.0500 | $1.0900 | +3.8% |
| 2005 | $1.0200 | $1.0500 | +2.9% |
| 2004 | $1.0000 | $1.0200 | +2.0% |
| 2003 | $0.9500 | $1.0000 | +5.3% |
| 2002 | $0.9100 | $0.9500 | +4.4% |
| 2001 | $0.8400 | $0.9100 | +8.3% |
| 2000 | $0.8200 | $0.8400 | +2.4% |
| 1999 | $0.7450 | $0.8200 | +10.1% |
| 1998 | $0.6750 | $0.7450 | +10.4% |
| 1997 | $0.6200 | $0.6750 | +8.9% |
| 1996 | $0.5850 | $0.6200 | +6.0% |
| 1995 | $0.5150 | $0.5850 | +13.6% |
| 1994 | $0.5750 | $0.5150 | -10.4% |
| 1993 | $0.4200 | $0.5750 | +36.9% |
| 1992 | $0.3900 | $0.4200 | +7.7% |
| 1991 | $0.3750 | $0.3900 | +4.0% |
| 1990 | $0.3200 | $0.3750 | +17.2% |
| 1989 | $0.2750 | $0.3200 | +16.4% |
| 1988 | — | $0.2750 | — |
- 2026—
- 2025$1.4900
- 2024$1.4800
- 2023$1.4500
- 2022$1.4400
- 2021$1.4100
- 2020$1.4000
- 2019$1.3700
- 2018$1.3600
- 2017$1.3300
- 2016$1.3200
- 2015$1.2900
- 2014$1.2800
- 2013$1.2500
- 2012$1.2400
- 2011$1.2100
- 2010$1.2000
- 2009$1.1700
- 2008$1.1600
- 2007$1.1300
- 2006$1.0900
- 2005$1.0500
- 2004$1.0200
- 2003$1.0000
- 2002$0.9500
- 2001$0.9100
- 2000$0.8400
- 1999$0.8200
- 1998$0.7450
- 1997$0.6750
- 1996$0.6200
- 1995$0.5850
- 1994$0.5150
- 1993$0.5750
- 1992$0.4200
- 1991$0.3900
- 1990$0.3750
- 1989$0.3200
- 1988$0.2750
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
United Bankshares (UBSI) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation