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Tue, Apr 16, 4:20 AM, Zacks
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| Ex-Div Reminder for First United (FUNC)By Dividend Channel Staff, Tuesday, April 12, 11:42 AM ET
On 4/14/22, First United Corporation (NASDAQ:FUNC) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 5/2/22. As a percentage of FUNC's recent stock price of $23.15, this dividend works out to approximately 0.65%, so look for shares of First United Corporation to trade 0.65% lower — all else being equal — when FUNC shares open for trading on 4/14/22. Below is a dividend history chart for FUNC, showing historical dividends prior to the most recent $0.15 declared by First United Corporation: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FUNC is likely to continue, and whether the current estimated yield of 2.59% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FUNC shares, versus its 200 day moving average:
Looking at the chart above, FUNC's low point in its 52 week range is $16.26 per share, with $24.50 as the 52 week high point — that compares with a last trade of $23.15. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Tuesday trading, First United Corporation shares are currently up about 1.7% on the day.
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