This is Why First United Corporation (FUNC) is a Great Dividend Stock

Company Overview - First United Corporation (FUNC) is headquartered in Oakland and operates in the Finance sector [3] - The stock has experienced a price change of -2.99% since the beginning of the year [3] Dividend Information - FUNC currently pays a dividend of $0.26 per share, resulting in a dividend yield of 2.86% [3] - The company's annualized dividend of $1.04 has increased by 13% from the previous year [4] - Over the last 5 years, FUNC has raised its dividend 3 times, achieving an average annual increase of 13.06% [4] - The current payout ratio for FUNC is 26%, indicating that it pays out 26% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - For the fiscal year, FUNC anticipates solid earnings growth, with the Zacks Consensus Estimate for 2026 projected at $4.25 per share, reflecting a year-over-year growth rate of 7.05% [5] Investment Appeal - FUNC is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 2 (Buy) [6] - The company is positioned well as a dividend option, especially compared to the Banks - Northeast industry's yield of 2.31% and the S&P 500's yield of 1.36% [3]