United Financial Bancorp, Inc. (NASDAQ:UBNK) declared a quarterly dividend on Wednesday, July 19th, Wall Street Journal reports. Stockholders of record on Friday, July 28th will be given a dividend of 0.12 per share by the bank on Wednesday, August 9th. This represents a $0.48 annualized dividend and a dividend yield of 2.78%. The ex-dividend date is Wednesday, July 26th.

United Financial Bancorp (NASDAQ:UBNK) traded up 5.22% during trading on Wednesday, hitting $18.14. The stock had a trading volume of 306,525 shares. United Financial Bancorp has a 52-week low of $12.90 and a 52-week high of $18.66. The stock has a market capitalization of $910.56 million, a PE ratio of 17.78 and a beta of 0.63. The stock’s 50-day moving average is $16.94 and its 200-day moving average is $17.26.

United Financial Bancorp (NASDAQ:UBNK) last released its quarterly earnings results on Tuesday, July 18th. The bank reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.06. United Financial Bancorp had a return on equity of 7.85% and a net margin of 20.97%. The company had revenue of $55.80 million during the quarter, compared to analysts’ expectations of $54.22 million. During the same period last year, the business posted $0.20 earnings per share. On average, analysts predict that United Financial Bancorp will post $1.09 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “United Financial Bancorp, Inc. (UBNK) to Issue Quarterly Dividend of $0.12” was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was stolen and republished in violation of US & international copyright and trademark laws. The correct version of this report can be accessed at https://www.americanbankingnews.com/2017/07/19/united-financial-bancorp-inc-ubnk-to-issue-quarterly-dividend-of-0-12.html.

Several research analysts have recently issued reports on the company. Keefe, Bruyette & Woods upgraded United Financial Bancorp from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $18.50 to $20.00 in a research note on Thursday, April 20th. Piper Jaffray Companies restated a “hold” rating and issued a $17.00 price objective on shares of United Financial Bancorp in a research note on Friday, July 14th. Finally, ValuEngine upgraded United Financial Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, May 31st.

United Financial Bancorp Company Profile

United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.

Dividend History for United Financial Bancorp (NASDAQ:UBNK)

Receive News & Ratings for United Financial Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Financial Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.