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

Union Bankshares, Inc. (NASDAQ:UNB) declared a quarterly dividend on Thursday, April 17th, Wall Street Journal reports. Investors of record on Saturday, April 26th will be given a dividend of 0.36 per share by the bank on Thursday, May 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date is Friday, April 25th.

Union Bankshares has increased its dividend payment by an average of 2.4% annually over the last three years.

Union Bankshares Stock Up 1.1 %

Shares of NASDAQ:UNB opened at $31.34 on Friday. The business’s 50-day moving average is $30.06 and its 200-day moving average is $30.28. Union Bankshares has a 1 year low of $21.00 and a 1 year high of $37.70. The company has a market capitalization of $142.25 million, a price-to-earnings ratio of 16.15 and a beta of 0.58. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.82.

Union Bankshares (NASDAQ:UNB) last posted its earnings results on Wednesday, April 16th. The bank reported $0.55 EPS for the quarter. Union Bankshares had a net margin of 11.74% and a return on equity of 13.09%. The company had revenue of $12.70 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Union Bankshares from a “hold” rating to a “sell” rating in a research note on Thursday, April 3rd.

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.