Business Context and Reporting Period
Company: First United Corporation (FUNC)
Filing Type: Form 8-K (Current Report)
Date of Report: November 20, 2024
Reporting Period: Event date November 20, 2024
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The report focuses exclusively on a corporate action regarding shareholder distributions.
Material Changes
The primary material event is the declaration of a cash dividend by the Board of Directors.
- Dividend Amount: $0.22 per share
- Record Date: January 17, 2025
- Payment Date: February 3, 2025
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of unusual items beyond the dividend declaration. No financial outlook is provided in this document.
Investor Verification Checklist
- Verify share ownership status as of the close of business on January 17, 2025, to confirm eligibility for the dividend.
- Confirm the payment date of February 3, 2025, for cash flow planning.
- Review the press release filed as Exhibit 99.1 for any additional context regarding the dividend decision.