Adams says United Bankshares' dividend boost is sign of strength

11/24/2009 | Wall Street Journal, The

For the 36th straight year, United Bankshares has increased its quarterly dividend payment. The company said it would boost its 2009 payment by a penny. Over the past 36 years, United Bankshares has raised its annual total from 6 cents to $1.17. Richard M. Adams, chairman and CEO at United Bankshares, said the company continued "to perform much better than most."

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