Union Bankshares, Inc. (NASDAQ:UNB) Shares to Pay Quarterly Dividend of $0.36

Union Bankshares, Inc. (NASDAQ:UNB) declared a quarterly dividend on Wednesday, October 21st. Stockholders of record on Saturday, October 31st will be given a dividend of $0.36 per share by the bank on Thursday, November 5th. This represents a $1.44 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Friday, October 30th.

Union Bankshares Stock Up 0.3%

UNB stock traded up $0.08 during midday trading on Thursday, hitting $23.06. The company’s stock had a trading volume of 3,561 shares, compared to its average volume of 3,157. Union Bankshares has a 52-week low of $20.65 and a 52-week high of $26.41. The firm has a market capitalization of $114.13 million, a P/E ratio of 8.83 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.18. The firm has a 50-day simple moving average of $23.52 and a 200-day simple moving average of $23.94.

Union Bankshares (NASDAQ:UNB) last issued its quarterly earnings results on Wednesday, October 21st. The bank reported $0.77 earnings per share for the quarter. Union Bankshares had a return on equity of 14.70% and a net margin of 13.50%. The company had revenue of $12.47 million for the quarter.

Union Bankshares Company Profile

Union Bankshares, Inc is the bank holding company for Union Bank, a community-focused financial institution headquartered in Morrisville, Vermont. Through Union Bank, the company provides banking services to individuals, families, businesses and municipalities in northern Vermont and northern New Hampshire.

Union Bank’s offerings include checking and savings accounts, certificates of deposit, residential and commercial mortgages, consumer loans, business lending and other financing solutions.