Union Bankshares Corporation has declared a quarterly dividend of $0.19 per share. The dividend amount is the same as the prior quarter's dividend level and a $0.04, or 27%, per share increase from the prior year quarterly dividend rate. Based on the stock's closing price of $21.87 on January 27, 2016, the dividend yield is approximately 3.5%.

The dividend is payable on February 26, 2016 to shareholders of record as of February 12, 2016.