Union First Market Bankshares Corporation UBSH has declared a quarterly dividend of $0.07 per share. This dividend is the same as third quarter dividend and represents a 16.67% increase from the $0.06 quarterly dividend paid on February 28, 2010.
Fourth quarter net income available to common shareholders, which deducts dividends and discount accretion on preferred stock from net income, was $3.9 million or $0.15 per fully diluted share, compared to $7.5 million or $0.29 per share, in the third quarter and ($52,000) or ($0.00) per share, for the fourth quarter last year.
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