#USA #Dividend #FUNC #Oakland, MD #First United Corp

First United Corporation Declares Third Quarter 2025 Dividend

First United Corporation, a key player in the banking sector, has made headlines by announcing a cash dividend of $0.22 per share for the third quarter of 2025. This decision by the Board of Directors showcases the corporation's commitment to providing returns to its shareholders and reflects the company's strong financial position.

Dividend Details

The dividend will be payable on August 1, 2025, to stockholders who are on record by the close of business on July 18, 2025. This announcement is significant as it underscores the corporation's ongoing focus on delivering value to its shareholders through consistent dividends, a practice that many investors prioritize when considering the stability and reliability of their investments.

About First United Corporation

First United Corporation operates as a parent company for First United Bank & Trust, a respected Maryland-based trust company with extensive commercial banking capabilities. The bank's subsidiaries include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, which focus on finance services, as well as First OREO Trust and FUBT OREO I, LLC, dedicated to managing real estate acquired through foreclosure. This diversified approach enables First United to maintain a robust business model capable of adjusting to market conditions.

Additionally, the corporation holds a 99.9% interest in Liberty Mews Limited Partnership, aimed at developing low-income housing units in Garrett County, Maryland. Furthermore, it has a similar stake in MCC FUBT Fund, LC, targeting Allegany County, Maryland, which reflects a commitment to socially responsible investment strategies that benefit local communities.

Financial Landscape and Future Prospects

The declaration of this dividend comes at a time when markets are still adjusting post-pandemic, and many financial institutions are reevaluating their dividend strategies. First United Corporation's ability to offer a stable dividend is a positive indicator of its operational health and a testament to the effective management strategies in place.

First United Corporation operates in a competitive environment, and while challenges persist, their commitment to shareholder returns can make them an attractive option for investors who value consistent income. The upcoming cash dividend not only portrays the corporation's financial strength but also its strategic focus on maintaining shareholder confidence.

For more information, stakeholders and potential investors are encouraged to visit the corporation's official website at www.mybank.com. This portal provides insight into their financial services, current offerings, and future plans as they continue to navigate the evolving financial landscape.

In summary, First United Corporation’s recent dividend announcement is a significant sign of stability amidst uncertainty within the financial markets, demonstrating both prudent management and a commitment to shareholder value. As the corporation moves forward, it remains essential for investors to stay informed about further developments that may arise in the coming quarters.