Union Bankshares, Inc. Announces Quarterly Dividend of $0.29 (UNB)
Union Bankshares, Inc. (NASDAQ:UNB) announced a quarterly dividend on Wednesday, July 19th, Fidelity reports. Shareholders of record on Friday, July 28th will be paid a dividend of 0.29 per share by the bank on Wednesday, August 9th. This represents a $1.16 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date is Wednesday, July 26th.
Shares of Union Bankshares (NASDAQ:UNB) traded up 2.6745% during mid-day trading on Friday, reaching $45.5875. 3,896 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $45.52 and a 200 day moving average price of $42.67. Union Bankshares has a 52 week low of $32.55 and a 52 week high of $50.15. The stock has a market cap of $203.41 million, a price-to-earnings ratio of 23.4142 and a beta of 0.31.
Union Bankshares (NASDAQ:UNB) last released its quarterly earnings data on Wednesday, July 19th. The bank reported $0.50 earnings per share for the quarter. Union Bankshares had a return on equity of 15.45% and a net margin of 23.28%.
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Separately, ValuEngine raised Union Bankshares from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th.
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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