Union Bankshares, Inc. (UNB) To Go Ex-Dividend on July 27th

Union Bankshares, Inc. (NASDAQ:UNB) declared a quarterly dividend on Wednesday, July 15th. Stockholders of record on Monday, July 27th will be paid a dividend of 0.36 per share by the bank on Thursday, August 6th. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Monday, July 27th.

Union Bankshares has raised its dividend payment by an average of 0.0%annually over the last three years.

Union Bankshares Trading Up 0.5%

UNB opened at $24.80 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.20. The firm has a market cap of $114.33 million, a price-to-earnings ratio of 9.50 and a beta of 0.28. Union Bankshares has a 12 month low of $20.65 and a 12 month high of $28.29. The stock has a fifty day moving average price of $24.18 and a 200-day moving average price of $24.21.

Union Bankshares (NASDAQ:UNB) last issued its quarterly earnings data on Wednesday, July 15th. The bank reported $0.61 earnings per share for the quarter. Union Bankshares had a return on equity of 15.20% and a net margin of 13.50%.The company had revenue of $11.95 million for the quarter.

Union Bankshares Company Profile

Union Bankshares, Inc is a Virginia-based bank holding company and the parent of Union Bank & Trust, offering a comprehensive range of commercial and retail banking services. Through its community banking platform, the company provides deposit accounts, business and consumer lending, treasury and cash management, residential mortgages, and digital banking solutions. It also delivers trust and wealth management services to individuals, corporations, and nonprofits.

The company’s commercial banking team serves small and middle-market businesses with financing for real estate, equipment, working capital, and industrial sectors.