Union Bankshares, Inc. (UNB) To Go Ex-Dividend on October 25th

Union Bankshares, Inc. (NASDAQ:UNB) declared a quarterly dividend on Wednesday, October 16th, Zacks reports. Investors of record on Saturday, October 26th will be given a dividend of 0.36 per share by the bank on Thursday, November 7th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend is Friday, October 25th.

Union Bankshares has increased its dividend by an average of 4.0% annually over the last three years and has increased its dividend annually for the last 11 consecutive years.

Union Bankshares Trading Up 0.1 %

Shares of Union Bankshares stock opened at $26.70 on Friday. Union Bankshares has a 1 year low of $21.00 and a 1 year high of $32.00. The company has a market capitalization of $120.68 million, a price-to-earnings ratio of 12.03 and a beta of 0.76. The business has a fifty day simple moving average of $25.61 and a two-hundred day simple moving average of $24.95. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.80 and a quick ratio of 0.79.

Union Bankshares (NASDAQ:UNB) last released its quarterly earnings results on Friday, August 9th. The bank reported $0.45 EPS for the quarter. The business had revenue of $12.25 million for the quarter. Union Bankshares had a net margin of 13.63% and a return on equity of 16.36%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Union Bankshares from a “buy” rating to a “hold” rating in a research report on Monday, August 12th.

About Union Bankshares

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.