Union Bankshares, Inc. (UNB) To Go Ex-Dividend on January 24th

Union Bankshares, Inc. (NASDAQ:UNB) announced a quarterly dividend on Wednesday, January 15th,Wall Street Journal reports. Shareholders of record on Saturday, January 25th will be paid a dividend of 0.36 per share by the bank on Thursday, February 6th. This represents a $1.44 annualized dividend and a yield of 4.74%. The ex-dividend date is Friday, January 24th.

Union Bankshares has raised its dividend by an average of 2.9% annually over the last three years.

Union Bankshares Stock Up 1.3 %

NASDAQ UNB opened at $30.39 on Wednesday. The business’s fifty day simple moving average is $31.59 and its 200-day simple moving average is $27.85. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. The firm has a market cap of $137.36 million, a PE ratio of 15.66 and a beta of 0.80. Union Bankshares has a 52 week low of $21.00 and a 52 week high of $37.70.

Union Bankshares (NASDAQ:UNB) last issued its earnings results on Wednesday, January 15th. The bank reported $0.67 EPS for the quarter. Union Bankshares had a net margin of 11.74% and a return on equity of 13.09%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Union Bankshares from a “sell” rating to a “hold” rating in a research report on Tuesday.

Union Bankshares Company Profile

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.