FIRST UNITED CORP/MD/ 8-K

What Happened
First United Corporation (FUNC) announced on June 17, 2026 (reported in an 8-K filed June 22, 2026) that its Board of Directors declared a cash dividend of $0.26 per share. The dividend will be paid on August 3, 2026 to shareholders of record at the close of business on July 20, 2026.

Key Details

• Dividend amount: $0.26 per common share.
• Declaration date: June 17, 2026 (8-K filed June 22, 2026).
• Record date: July 20, 2026 (close of business).
• Payment date: August 3, 2026.

Why It Matters
This dividend is a direct cash return to common shareholders and will increase near-term shareholder income for investors holding shares through the July 20 record date. The announcement, filed as an Item 8.01 “Other Events” on Form 8-K, communicates a board decision to distribute cash rather than retain that portion of earnings.