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Unity Bancorp (UNTY) Dividend Yield, Date & History

Unity Bancorp logo
$46.16 -1.34 (-2.82%)
(As of 12/17/2024 ET)

Unity Bancorp Dividend Summary

Dividend Yield
1.13%
Annual Dividend
$0.52
Next
Dividend Payment
Dec. 31
Dividend Increase
Track Record
11 Years
Annualized 3-Year
Dividend Growth
14.47%
Dividend Payout Ratio
13.37%

Unity Bancorp (UNTY) pays an annual dividend of $0.52 per share, with a dividend yield of 1.13%. The next quarterly payment of $0.13 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Friday, December 13. UNTY has grown its dividend for 11 consecutive years, with an average annual increase of 4.61%. The company currently pays out 13.37% of its earnings and 12.68% of its cash flow as dividends.

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UNTY Dividend Payments by Quarter

The chart below displays up to four years of Unity Bancorp's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

UNTY Dividend Yield Over Time

The chart below tracks Unity Bancorp's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Unity Bancorp vs. The Competition

Compare Unity Bancorp's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeUnity BancorpFinance CompaniesNASDAQ Companies
Annual Dividend$0.52$0.02$1.31
Dividend Yield1.13%10.34%4.06%
Annualized 3-Year Dividend Growth14.47%12.89%14.22%
Track Record11 years17 years19 years

Unity Bancorp Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings13.37%
Based on This Year's Estimate12.97%
Based on Next Year's Estimate11.48%
Based on Cashflow12.68%

Unity Bancorp Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/21/2024quarterly$0.13 - 1.1%12/13/202412/13/202412/31/2024
8/15/2024Quarterly$0.13 - 1.6%9/6/20249/6/20249/20/2024
5/16/2024Quarterly$0.13 - 1.86%6/7/20246/7/20246/21/2024
2/22/2024Quarterly$0.13+$0.01
8.33%
1.89%3/14/20243/15/20243/29/2024
11/16/2023Quarterly$0.12 - 1.79%12/14/202312/15/202312/29/2023
8/17/2023Quarterly$0.12 - 1.99%9/7/20239/8/20239/22/2023
4/27/2023Quarterly$0.12 - 2.07%6/8/20236/9/20236/23/2023
2/16/2023Quarterly$0.12+$0.01
9.09%
1.81%3/9/20233/10/20233/24/2023

This table shows Unity Bancorp's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Unity Bancorp Dividend - Frequently Asked Questions

The current dividend yield for Unity Bancorp is 1.13%. Learn more on UNTY's dividend yield history.

The annual dividend for UNTY shares is $0.52. Learn more on UNTY's annual dividend history.

Unity Bancorp pays quarterly dividends to shareholders.

Unity Bancorp's next quarterly dividend payment of $0.13 per share will be made to shareholders on Tuesday, December 31, 2024.

Unity Bancorp's most recent quarterly dividend payment of $0.13 per share was made to shareholders on Friday, September 20, 2024.

Unity Bancorp's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 14.47% per year.

Unity Bancorp has increased its dividend for the past 11 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Thursday, February 22, 2024.

The dividend payout ratio for UNTY is:
  • 13.37% based on the trailing year of earnings
  • 12.97% based on this year's estimates
  • 11.48% based on next year's estimates
  • 12.68% based on cash flow

Unity Bancorp's dividend yield of 1.12% is lower than the average Finance company that issues a dividend. The company's 11 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Unity Bancorp's dividend payout ratio of 13.37% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Unity Bancorp stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NASDAQ:UNTY) was last updated on 12/18/2024 by MarketBeat.com Staff
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