Company Overview - United Community Banks (UCB) is a bank holding company based in Greenville, operating in the Finance sector with a year-to-date share price change of -8.36% [3] Dividend Information - UCB currently pays a dividend of $0.24 per share, resulting in a dividend yield of 3.24%, which is higher than the Banks - Southeast industry's yield of 2.38% and the S&P 500's yield of 1.51% [3] - The annualized dividend of $0.96 represents a 2.1% increase from the previous year, with an average annual increase of 6.51% over the last five years [4] - The current payout ratio for UCB is 39%, indicating that the company pays out 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate predicts earnings of $2.64 per share, reflecting a year-over-year earnings growth rate of 14.78% [5] Investment Appeal - UCB is considered a compelling investment opportunity due to its attractive dividend yield and strong Zacks Rank of 2 (Buy) [6]
Why United Community Banks (UCB) is a Great Dividend Stock Right Now