FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2025 DIVIDEND

Rhea-AI Summary

First United Corporation (NASDAQ: FUNC) has announced its third quarter 2025 dividend payment. The company's Board of Directors has declared a cash dividend of $0.22 per share, which will be distributed to shareholders of record as of July 18, 2025. The dividend payment is scheduled for August 1, 2025. This announcement represents the company's commitment to providing regular returns to its shareholders through dividend distributions.

Positive

• Regular dividend payment demonstrates financial stability and commitment to shareholder returns
• Maintains consistent cash distribution to shareholders at $0.22 per share

Negative

• None.

OAKLAND, Md., June 18, 2025 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.22 per share that will be payable on August 1, 2025, to holders of record of the Corporation's common stock as of the close of business on July 18, 2025. 

About First United Corporation

First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers.  The Bank's wholly-owned subsidiaries include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, both of which are finance companies, and First OREO Trust and FUBT OREO I, LLC, both of which were formed for the purposes of holding, servicing and disposing of the real estate that the Bank acquires through foreclosure or by deed in lieu of foreclosure.  The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership, which was formed for the purpose of acquiring, developing and operating low-income housing units in Garrett County, Maryland and a 99.9% non-voting membership interest in MCC FUBT Fund, LC, an Ohio limited liability company formed for the purpose of acquiring, developing and operating low-income housing units in Allegany County, Maryland.  The Corporation's website is www.mybank.com. 

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SOURCE First United Corporation

FAQ

What is the dividend amount for First United Corporation (FUNC) for Q3 2025?

First United Corporation (FUNC) declared a cash dividend of $0.22 per share for the third quarter of 2025.

When is the payment date for FUNC's Q3 2025 dividend?

The dividend payment date is August 1, 2025.

What is the record date for First United Corporation's Q3 2025 dividend?

The record date for FUNC's Q3 2025 dividend is July 18, 2025.

How often does First United Corporation (FUNC) pay dividends?

Based on this announcement being for the third quarter, First United Corporation appears to pay dividends quarterly.