First United Dividends and Buybacks
Dividend criteria checks 3/6
First United is a dividend paying company with a current yield of 2.78% that is well covered by earnings. Next payment date is on 3rd February, 2025 with an ex-dividend date of 17th January, 2025.
Key information
2.8%
Dividend yield
2.5%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 6.8% |
| Next dividend pay date | 03 Feb 25 |
| Ex dividend date | 17 Jan 25 |
| Dividend per share | US$0.880 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
First United Corp.: Still Attractive Despite Increasing Non-Accruals
Dec 27First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of $0.20
Mar 19
If EPS Growth Is Important To You, First United (NASDAQ:FUNC) Presents An Opportunity
Jun 08First United (NASDAQ:FUNC) Is Increasing Its Dividend To $0.20
Mar 12First United's (NASDAQ:FUNC) Dividend Will Be Increased To $0.18
Dec 06First United Non-GAAP EPS of $1.04, revenue of $19.75M
Oct 20First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of $0.15
Oct 02First United declares $0.15 dividend
Sep 28First United Non-GAAP EPS of $0.82, revenue of $18.38M
Jul 25First United (NASDAQ:FUNC) Is Paying Out A Dividend Of $0.15
Jul 14First United declares $0.15 dividend
Jun 30First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of US$0.15
Apr 07First United (NASDAQ:FUNC) Has Affirmed Its Dividend Of US$0.15
Mar 24First United stock rises 2.6% after Raymond James initiates at Outperform
May 27It's Probably Less Likely That First United Corporation's (NASDAQ:FUNC) CEO Will See A Huge Pay Rise This Year
May 14First United reports Q1 results
May 04Here's Why I Think First United (NASDAQ:FUNC) Is An Interesting Stock
Mar 30First United Corporation (NASDAQ:FUNC) Is Yielding 2.7% - But Is It A Buy?
Mar 08Investors Who Bought First United (NASDAQ:FUNC) Shares Five Years Ago Are Now Up 77%
Feb 10
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FUNC has been paying a dividend for less than 10 years.
Growing Dividend: FUNC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| First United Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FUNC) | 2.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (FUNC) (up to 3 years) | 3.2% |
Notable Dividend: FUNC's dividend (2.78%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: FUNC's dividend (2.78%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.6%), FUNC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FUNC's dividends in 3 years are forecast to be well covered by earnings (26.9% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/12 08:45 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
First United Corporation is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cary Morris | BB&T Capital Markets |
| Stephen Moss | Raymond James & Associates |