First United Corp (NASDAQ:FUNC) to Issue Quarterly Dividend of $0.09

First United Corp (NASDAQ:FUNC) declared a quarterly dividend on Wednesday, June 19th, Zacks reports. Stockholders of record on Wednesday, July 17th will be paid a dividend of 0.09 per share by the bank on Thursday, August 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Tuesday, July 16th.

NASDAQ:FUNC opened at $19.73 on Friday. The stock has a market cap of $139.87 million, a P/E ratio of 12.33 and a beta of 0.81. First United has a twelve month low of $14.75 and a twelve month high of $20.95. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.90 and a current ratio of 0.90. The stock’s 50 day moving average is $18.85.

Separately, ValuEngine upgraded shares of Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th.

First United Company Profile

First United Corporation operates as the holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities.

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Dividend History for First United (NASDAQ:FUNC)

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