Exploring High-Growth Dividend Stocks: First United Corporation

Reported about 1 month ago

Investors seeking consistent income from their portfolios often turn to dividends as a reliable source of cash flow. First United Corporation (FUNC), a finance stock with a 22.5% price increase this year, offers a dividend of $0.2 per share, equating to a yield of 2.78%, which exceeds both its industry and the S&P 500 averages. With a strong history of dividend growth and an expected earnings growth rate of 7.14% for 2024, FUNC stands out as a compelling investment opportunity, receiving a favorable Zacks Rank of #2 (Buy).

Source: YAHOO

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