University Bancorp, Inc. (OTCMKTS:UNIB) to Issue $0.10 Quarterly Dividend

University Bancorp, Inc. (OTCMKTS:UNIB) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.10 per share on Tuesday, April 15th. This represents a $0.40 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Friday, April 11th.

University Bancorp Price Performance

Shares of University Bancorp stock remained flat at $15.74 during midday trading on Thursday. 1 shares of the company traded hands, compared to its average volume of 1,090. The business has a 50-day moving average price of $16.50 and a two-hundred day moving average price of $16.42. University Bancorp has a 52-week low of $12.94 and a 52-week high of $17.30.

About University Bancorp

University Bancorp, Inc operates as the bank holding company for University Bank that provides various personal, business, and community banking services in the United States. It offers checking, NOW, savings, money market, time deposit, and certificates of deposit accounts. The company's consumer loans include home equity, short term, automobile, personal, and recreational vehicle loans, as well as home equity lines of credits; SBA, commercial real estate, equipment, home improvement, and other instalment loans; and non-profit loans, as well as working capital lines of credit.