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First United (First United) 3-Year Dividend Growth Rate

: 14.50% (As of Dec. 2023)
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First United's Dividends per Share for the three months ended in Dec. 2023 was $0.20.

The historical rank and industry rank for First United's 3-Year Dividend Growth Rate or its related term are showing as below:

FUNC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -45   Med: 3.25   Max: 29.2
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First United was 29.20% per year. The lowest was -45.00% per year. And the median was 3.25% per year.

FUNC's 3-Year Dividend Growth Rate is ranked better than
71.36% of 782 companies
in the Banks industry
Industry Median: 7.55 vs FUNC: 14.50

During the past 12 months, First United's average Dividends Per Share Growth Rate was 30.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

First United's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.24. As of today, First United's Dividend Yield % is 3.60%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, First United's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First United 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, First United's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First United's 3-Year Dividend Growth Rate falls into.



First United 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


First United  (NAS:FUNC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

First United's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.2/ 0.82
=0.24

During the past 13 years, the highest Dividend Payout Ratio of First United was 0.28. The lowest was 0.16. And the median was 0.20.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

First United Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-04-162024-04-172024-05-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002024-01-172024-01-182024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-10-172023-10-182023-11-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-07-172023-07-182023-08-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First United's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.8/22.18
=3.61 %

Current Share Price is $22.18.
First United's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.8.

During the past 13 years, the highest Dividend Yield of First United was 4.96%. The lowest was 0.44%. And the median was 3.03%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First United 3-Year Dividend Growth Rate Related Terms>


First United (First United) Business Description

Traded in Other Exchanges
Address
19 South Second Street, Oakland, MD, USA, 21550-0009
First United Corp is active in the financial services domain. The scope of its offering includes checking, savings, money market deposit accounts and certificates of deposit, business loans, personal loans, mortgage loans and lines of credit extended to both individuals and businesses. In addition, it provides safe deposit and night depository facilities, insurance products and trust services. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings.
Executives
Marisa A. Shockley director 19 S. SECOND STREET, OAKLAND MD 21550
Carissa Lynn Rodeheaver officer: Chief Financial Officer 19 SOUTH SECOND STREET, OAKLAND MD 21550
Brian R. Boal director 19 S. SECOND STREET, OAKLAND MD 21550
Jason Barry Rush officer: VP and Director of Operations 19 SOUTH SECOND STREET, OAKLAND MD 21550
Kevin Hessler director 19 S. SECOND STREET, OAKLAND MD 21550
John Mccullough director 19 SOUTH SECOND STREET, OAKLAND MD 21550
Beth Moran director 19 S. SECOND STREET, OAKLAND MD 21550
Irvin Robert Rudy director 121 NORTH SECOND ST, OAKLAND MD 21550
John F. Barr director 19 S. SECOND STREET, OAKLAND MD 21550
Christy Dipietro director 19 S. SECOND STREET, OAKLAND MD 21550
Patricia Milon director 19 S SECOND STREET, OAKLAND MD 21550
Gary Ruddell director 19 SOUTH SECOND STREET, OAKLAND MD 21550
Sanu Chadha director 19 S. SECOND STREET, OAKLAND MD 21550
M Kathryn Burkey director P.O. BOX 9, 19 SOUTH SECOND STREET, OAKLAND MD 21550
Elaine L Mcdonald director 672 WHITE OAK DR, SWANTON MD 21561