CHARLESTON, W.Va. — United Bankshares, Inc. has declared a dividend for its shareholders for a 40th consecutive year.  The Charleston and Washington, D.C.-based banking company declared a fourth quarter dividend of 32-cents per share and a $1.25 dividend per share for 2013.

United is one of only 2 major banking companies in the U.S. to declare dividends for 40 straight years.

“This record is evidence of United’s consistent profitability, solid asset quality, and sound capital position over many, many years,” United Chairman and CEO Rich Adams said in a prepared statement.

 

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