University Bancorp, Inc. (UNIB) to Issue Quarterly Dividend of $0.20 on January 17th

University Bancorp, Inc. (OTCMKTS:UNIB) announced a quarterly dividend on Wednesday, December 11th,NASDAQ Dividends reports. Investors of record on Thursday, January 2nd will be paid a dividend of 0.20 per share on Friday, January 17th. This represents a $0.80 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date is Thursday, January 2nd.

University Bancorp Price Performance

Shares of UNIB stock remained flat at $17.00 during midday trading on Friday. The stock’s fifty day moving average price is $16.23 and its 200 day moving average price is $15.17. University Bancorp has a 12 month low of $12.94 and a 12 month high of $17.00.

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.