Union Bankshares, Inc. (NASDAQ:UNB – Get Free Report) announced a quarterly dividend on Wednesday, July 15th. Shareholders of record on Monday, July 27th will be given a dividend of 0.36 per share by the bank on Thursday, August 6th. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Monday, July 27th.
Union Bankshares has increased its dividend payment by an average of 0.0%annually over the last three years.
Union Bankshares Stock Performance
Shares of NASDAQ UNB opened at $25.30 on Thursday. The company has a market cap of $116.63 million, a PE ratio of 10.00 and a beta of 0.28. Union Bankshares has a 12 month low of $20.65 and a 12 month high of $29.49. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.79 and a quick ratio of 0.79. The company has a 50-day simple moving average of $24.00 and a 200-day simple moving average of $24.14.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Union Bankshares in a research note on Wednesday, June 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on UNB
Union Bankshares Company Profile
Union Bankshares, Inc is a Virginia-based bank holding company and the parent of Union Bank & Trust, offering a comprehensive range of commercial and retail banking services. Through its community banking platform, the company provides deposit accounts, business and consumer lending, treasury and cash management, residential mortgages, and digital banking solutions. It also delivers trust and wealth management services to individuals, corporations, and nonprofits.
The company’s commercial banking team serves small and middle-market businesses with financing for real estate, equipment, working capital, and industrial sectors.
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