Union Bankshares, Inc. (NASDAQ:UNB – Get Free Report) announced a quarterly dividend on Wednesday, October 16th, Zacks reports. Shareholders of record on Saturday, October 26th will be paid a dividend of 0.36 per share by the bank on Thursday, November 7th. This represents a $1.44 annualized dividend and a dividend yield of 5.05%. The ex-dividend date is Friday, October 25th.
Union Bankshares has increased its dividend by an average of 4.0% annually over the last three years and has raised its dividend annually for the last 11 consecutive years.
Union Bankshares Price Performance
Shares of NASDAQ UNB opened at $28.50 on Thursday. The firm has a market capitalization of $128.79 million, a P/E ratio of 12.03 and a beta of 0.76. Union Bankshares has a one year low of $21.00 and a one year high of $32.00. The company’s fifty day moving average is $25.98 and its two-hundred day moving average is $24.86. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.79 and a current ratio of 0.80.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Union Bankshares from a “buy” rating to a “hold” rating in a report on Monday, August 12th.
Get Our Latest Report on Union Bankshares
About Union Bankshares
Union Bankshares, Inc operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit.
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