First United (FUNC)
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First United Corporation (FUNC) is a Top Dividend Stock Right Now: Should You Buy?
ZACKS· 2024-10-02 16:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividen ...
FIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2024 DIVIDEND
Prnewswire· 2024-09-25 20:17
OAKLAND, Md., Sept. 25, 2024 /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 November 1, 2024, to holders of record of the Corporation's common stock as of October 18, 2024. 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 C ...
First United Corporation (FUNC) Could Be a Great Choice
ZACKS· 2024-09-16 16:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it ...
First United (FUNC) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2024-09-03 17:01
First United Corporation (FUNC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tr ...
Why First United Corporation (FUNC) is a Great Dividend Stock Right Now
ZACKS· 2024-08-14 16:46
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...
First United (FUNC) - 2024 Q2 - Quarterly Report
2024-08-07 20:02
Table of Contents Title of each class Trading Symbols Name of each exchange on which registered Common Stock FUNC Nasdaq Stock Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For quarterly period ended June 30, 2024 ◻ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from _______________ to ________________ Commission file number 0-14237 F ...
Should You Buy First United Corporation (FUNC) After Golden Cross?
ZACKS· 2024-07-30 14:56
First United Corporation (FUNC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, FUNC's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross." There are three stages to a golden cross. First, there must be a downtrend in a stock's price that eventually bottoms out. Then, the stock's shorter moving average crosses over its longer moving average, triggering a positive trend reversal. The ...
Earnings Estimates Moving Higher for First United (FUNC): Time to Buy?
ZACKS· 2024-07-29 17:20
First United Corporation (FUNC) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation betwe ...
All You Need to Know About First United (FUNC) Rating Upgrade to Strong Buy
ZACKS· 2024-07-29 17:00
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Most Powerful Force Impacting Stock Prices Harnessing the Power of Earnings Estimate Revisions Analysts have been steadily raising their estimates for First United. Over the past three months, the Zacks Consensus Estimate for the company has increased 9. ...
Why First United Corporation (FUNC) is a Top Dividend Stock for Your Portfolio
ZACKS· 2024-07-29 16:46
In terms of dividend growth, the company's current annualized dividend of $0.80 is up 2.6% from last year. Over the last 5 years, First United Corporation has increased its dividend 3 times on a year-over-year basis for an average annual increase of 13.88%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. First United's current payout ratio is 28%. This means it paid out 28% of its ...