Union Bankshares, Inc. (NASDAQ:UNB) to Issue $0.36 Quarterly Dividend

Posted by George Bondi on Apr 18th, 2025

Union Bankshares, Inc. (NASDAQ:UNB – Get Free Report) announced a quarterly dividend on Thursday, April 17th, Wall Street Journal reports. Investors of record on Saturday, April 26th will be given a dividend of 0.36 per share by the bank on Thursday, May 1st. This represents a $1.44 annualized dividend and a dividend yield of 4.59%. The ex-dividend date of this dividend is Friday, April 25th.

Union Bankshares has increased its dividend payment by an average of 2.4% annually over the last three years.

Union Bankshares Trading Up 1.1 %

Shares of UNB opened at $31.34 on Friday. The firm has a 50-day moving average price of $30.08 and a 200 day moving average price of $30.24. The firm has a market capitalization of $142.25 million, a P/E ratio of 16.15 and a beta of 0.58. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.22. Union Bankshares has a 12-month low of $21.00 and a 12-month high of $37.70.

Union Bankshares (NASDAQ:UNB – Get Free Report) last announced its earnings results on Wednesday, April 16th. The bank reported $0.55 earnings per share (EPS) for the quarter. Union Bankshares had a return on equity of 13.09% and a net margin of 11.74%. The company had revenue of $12.70 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Union Bankshares from a “hold” rating to a “sell” rating in a report on Thursday, April 3rd.

View Our Latest Stock Report on UNB

Union Bankshares Company Profile

(Get Free Report)

Union Bankshares, Inc operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit.