This Dividend Stock Has Increased Its Payout for 47 Years Straight

This Dividend Stock Has Increased Its Payout for 47 Years Straight
·4 min read

Dividend stocks can be an excellent source of income for retirees, and Dividend Aristocrats in particular can be great investments. Once such company with an impressive history of increasing its dividend is United Bankshares (NASDAQ: UBSI), which has increased its dividend for 47 years straight and delivers investors a solid 4.3% yield. United Bankshares is a regional bank that provides community banking and mortgage banking to customers across the mid-Atlantic and southern U.S. The bank has achieved an impressive history of growth thanks to its 32 completed acquisitions since it incorporated in 1982, including its most recent acquisition of Carolina Financial, which closed in March 2020.

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