A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the third of five financial services sector stocks primed to join Volio as the ninth of nine representing the sector. One of the stocks I discuss this week could become the fiftieth overall selection for Volio!

My subject today is a mid-cap regional bank in West Virginia named, United Bankshares Inc. Its trading ticker is UBSI. This is my second report on United Bankshares Inc for this portfolios. Last month I reported about them on July 13th.

United Bankshares Inc is a full-service provider of financial services, offering commercial and consumer banking, mortgages, asset management, title insurance, investment banking, financial planning, and brokerage services in West Virginia, Virginia, Maryland, Ohio, Pennsylvania, and the District of Columbia.

The company operates 139 full service offices, which consists of 51 offices in West Virginia; 83 offices in the Shenandoah Valley region of Virginia and the Northern Virginia, Maryland, and Washington, D.C. metropolitan areas; 4 offices in southwestern Pennsylvania; and 1 office in southeastern Ohio.

United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.

I use three key data points to gauge dividend equities or funds like United Bankshares Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

UBSI Price

United's price per share closed at $29.21 Tuesday. A year ago their price was $36.43. Price fell $7.22 or nearly 20% last year.

Assuming United's stock trades in the range of $18 to $36 this next year, its recent $29.21 price might rise by $2.79 to reach $32.00 by August 12, 2021.

UBSI Dividends

United's most recently declared quarterly dividend was $0.35, paid July 1st. That Q dividend equates to $1.40  annually and yields 4.79% at yesterday's $29.21 share price.

UBSI Gains?

Adding the $1.40 annual estimated dividend to my $2.79 optimistic estimate of United's price upside shows a $4.19 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little under $1,000.00 today in United Bankshares Inc at $29.21, we would buy 34 shares of stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.29 per share.

Subtract that $0.29 brokerage cost from my estimated $4.19 gross gain per share results in a net gain of $3.90 X 34 shares = $132.60 for a 14.25% net gain on a $993.14 investment.

Thus, United Bankshares Inc shows a possible 13.25% net gain including a 4.79% dividend yield. It could be more, it could be less.   

The above speculation is based on past performance and supposition. Only time and money invested will tell if United Bankshares Inc is worth it.