Union Bankshares, Inc. Announces Quarterly Dividend of $0.36 (NASDAQ:UNB)

Union Bankshares, Inc. (NASDAQ:UNB) declared a quarterly dividend on Wednesday, January 21st. Investors of record on Saturday, January 31st will be paid a dividend of 0.36 per share by the bank on Thursday, February 5th. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Friday, January 30th.

Union Bankshares has increased its dividend by an average of 0.0%per year over the last three years.

Union Bankshares Trading Up 0.5%

Shares of UNB opened at $24.33 on Thursday. The stock has a market capitalization of $111.43 million, a P/E ratio of 9.73 and a beta of 0.39. Union Bankshares has a twelve month low of $20.65 and a twelve month high of $36.00. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.21. The firm has a fifty day simple moving average of $23.45 and a two-hundred day simple moving average of $24.98.

Union Bankshares (NASDAQ:UNB) last issued its quarterly earnings data on Friday, November 7th. The bank reported $0.75 EPS for the quarter. The firm had revenue of $14.51 million during the quarter. Union Bankshares had a net margin of 13.16% and a return on equity of 15.88%.

Union Bankshares Company Profile

Union Bankshares, Inc is a Virginia-based bank holding company and the parent of Union Bank & Trust, offering a comprehensive range of commercial and retail banking services. Through its community banking platform, the company provides deposit accounts, business and consumer lending, treasury and cash management, residential mortgages, and digital banking solutions. It also delivers trust and wealth management services to individuals, corporations, and nonprofits.

The company’s commercial banking team serves small and middle-market businesses with financing for real estate, equipment, working capital, and industrial sectors.