First United Corporation Sets Ex-Dividend Date for Quarterly Payout

Apr 16, 2026 14:35 UTC

FUNC

Short term

First United Corporation (FUNC) will trade ex-dividend on April 17, 2026. The company is scheduled to distribute a quarterly dividend of $0.26 per share on May 1.

Quarterly dividend payment of $0.26 per share
Ex-dividend date: April 17, 2026
Payment date: May 1, 2026
Estimated annualized yield of 2.75%
52-week price range: $27.54 - $41.945

First United Corporation (FUNC) is proceeding with its scheduled capital return to shareholders, confirming a quarterly dividend payment of $0.26 per share. The stock is set to trade ex-dividend on April 17, 2026, with the actual disbursement occurring on May 1. This dividend distribution aligns with the company's historical payout patterns. Based on current market pricing, the dividend represents an estimated annualized yield of 2.75%, providing a steady income stream for long-term holders. From a technical perspective, FUNC shares were recently trading at $37.81. This price point sits comfortably within the stock's 52-week trading range, which has seen a low of $27.54 and a high of $41.945. Market reaction to the announcement has been muted, with shares edging up approximately 0.3% in recent trading. As a routine corporate action, the dividend is expected to maintain current investor sentiment without triggering significant price volatility.