Union Bankshares, Inc. (NASDAQ:UNB) Shares to Pay Quarterly Dividend of $0.36

Union Bankshares, Inc. (NASDAQ:UNB – Get Free Report) declared a quarterly dividend on Wednesday, October 21st. Stockholders of record on Saturday, October 31st will be paid a dividend of $0.36 per share by the bank on Thursday, November 5th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Friday, October 30th.

Union Bankshares Stock Performance

UNB stock traded up $0.08 on Thursday, hitting $23.06. The company’s stock had a trading volume of 3,561 shares, compared to its average volume of 3,157. The firm has a 50 day moving average of $23.52 and a two-hundred day moving average of $23.94. Union Bankshares has a 1 year low of $20.65 and a 1 year high of $26.41. The stock has a market cap of $114.13 million, a price-to-earnings ratio of 8.85 and a beta of 0.29. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.18.

Union Bankshares (NASDAQ:UNB – Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The bank reported $0.77 earnings per share for the quarter. Union Bankshares had a net margin of 13.50% and a return on equity of 14.70%. The firm had revenue of $12.47 million during the quarter.

Union Bankshares Company Profile

(Get Free Report)

Union Bankshares, Inc is the bank holding company for Union Bank, a community-focused financial institution headquartered in Morrisville, Vermont. Through Union Bank, the company provides banking services to individuals, families, businesses and municipalities in northern Vermont and northern New Hampshire.

Union Bank’s offerings include checking and savings accounts, certificates of deposit, residential and commercial mortgages, consumer loans, business lending and other financing solutions.

Further Reading

Dividend History for Union Bankshares (NASDAQ:UNB)

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