Union Bankshares, Inc. Plans Quarterly Dividend of $0.29 (UNB)
Union Bankshares, Inc. (NASDAQ:UNB) announced a quarterly dividend on Wednesday, April 19th. Stockholders of record on Saturday, April 29th will be paid a dividend of 0.29 per share by the bank on Wednesday, May 10th. This represents a $1.16 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Wednesday, April 26th.
Shares of Union Bankshares (NASDAQ:UNB) traded down 0.23% during mid-day trading on Friday, hitting $42.60. 1,439 shares of the stock traded hands. Union Bankshares has a 12-month low of $28.51 and a 12-month high of $50.15. The firm’s 50 day moving average price is $41.93 and its 200-day moving average price is $40.57. The stock has a market cap of $190.08 million, a P/E ratio of 22.32 and a beta of 0.33.
Union Bankshares (NASDAQ:UNB) last posted its quarterly earnings data on Wednesday, April 19th. The bank reported $0.43 earnings per share for the quarter. Union Bankshares had a net margin of 22.52% and a return on equity of 14.78%. The company earned $8.53 million during the quarter.
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About Union Bankshares
Union Bankshares, Inc is a one-bank holding company whose subsidiary is Union Bank (Union or the Bank). The Company’s business is that of a community bank in the financial services industry. The Company operates through Union Bank segment, which provides retail, commercial, municipal banking, and asset management and trust services throughout its approximately 20 banking offices, over two loan centers, and a range of automated teller machines (ATMs) covering northern Vermont and New Hampshire.
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