First United stock raises its dividend to USD 0.28
Published on 09/29/2026 at 17:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
First United stock is set for a quarterly dividend of USD 0.28 per share after the company raised its payout from USD 0.26. The payment is scheduled for November 2, 2026, for shareholders of record on October 19, 2026, according to First United on September 23, 2026.
Dividend reaches USD 0.28
The increase from USD 0.26 represents a 7.70 percent rise in the quarterly payout. The declared payment gives the community bank a concrete shareholder-return event ahead of the October 19 record date.
Second quarter sets the baseline
First United reported USD 0.87 in GAAP diluted EPS and USD 23.99 million in revenue for Q2 2026, according to Barchart. Revenue increased from USD 21.85 million in Q2 2025, while GAAP diluted EPS declined from USD 0.92, creating a mixed comparison between growth and per-share earnings.
The same Q2 report showed USD 5.7 million in GAAP net income, compared with USD 7.3 million in non-GAAP net income after excluding a USD 1.7 million after-tax consulting charge. Net interest margin reached 3.98 percent on a fully tax-equivalent basis, up 15 basis points sequentially.
Nasdaq value and yearly range
On Nasdaq, First United was trading at USD 43.50 on September 29, 2026, at 11:12 a.m. ET, down 0.77 percent from the prior close of USD 43.84. The share price remained inside the 52-week range of USD 33.54 to USD 46.30.
First United's market capitalization was USD 280.7 million on September 29, 2026. The combination of a higher dividend and Q2 revenue growth gives investors two dated reference points, while the lower GAAP EPS keeps the earnings picture measured rather than one-directional.
First United stock facts
- Company: First United Corporation
- Ticker: FUNC
- Primary exchange: Nasdaq Stock Market
- Market capitalization: USD 280.7 million (as of September 29, 2026)
- 52-week range: USD 33.54-USD 46.30 (as of September 29, 2026)
- Sector / Industry: Financial Services / Regional Banks
