Union Bankshares's most recent quarterly cash dividend of $0.36 per share was issued to shareholders on record before Apr 27, 2023. The payout stands at $1.42 per share annually, which works out to a dividend yield of 6.53%.
Union Bankshares's dividend yield of 6.53% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.91%, Union Bankshares's dividend yield is 67% higher. Historically UNB's dividend yield has averaged at 4.4% in the last 5 years, which is below the current yield.
Union Bankshares has been paying dividends for the last 24 years. According to our data UNB has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.9% for the last twelve months. And since the stock price has gone down by 24% from a year ago, the dividend yield has increased by 35%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Apr 27, 2023 | May 4, 2023 | Apr 19, 2023 | $0.36 | normal |
Jan 26, 2023 | Feb 2, 2023 | Jan 18, 2023 | $0.36 | normal |
Oct 27, 2022 | Nov 3, 2022 | Oct 19, 2022 | $0.35 | normal |
Jul 28, 2022 | Aug 4, 2022 | Jul 20, 2022 | $0.35 | normal |
Apr 28, 2022 | May 5, 2022 | Apr 20, 2022 | $0.35 | normal |
Jan 27, 2022 | Feb 3, 2022 | Jan 19, 2022 | $0.35 | normal |
Jan 26, 2022 | Feb 3, 2022 | Jan 19, 2022 | $0.35 | normal |
Oct 28, 2021 | Nov 4, 2021 | Oct 20, 2021 | $0.33 | normal |
Jul 29, 2021 | Aug 5, 2021 | Jul 21, 2021 | $0.33 | normal |
Apr 29, 2021 | May 6, 2021 | Apr 21, 2021 | $0.33 | normal |
Jan 29, 2021 | Feb 5, 2021 | Jan 20, 2021 | $0.33 | normal |
Oct 29, 2020 | Nov 6, 2020 | Oct 21, 2020 | $0.32 | normal |
Jul 24, 2020 | Aug 6, 2020 | Jul 15, 2020 | $0.32 | normal |
Apr 24, 2020 | May 7, 2020 | Apr 15, 2020 | $0.32 | normal |
Jan 24, 2020 | Feb 6, 2020 | Jan 15, 2020 | $0.32 | normal |
Oct 25, 2019 | Nov 7, 2019 | Oct 16, 2019 | $0.31 | normal |
Jul 26, 2019 | Aug 8, 2019 | Jul 17, 2019 | $0.31 | normal |
Apr 29, 2019 | May 9, 2019 | Apr 17, 2019 | $0.31 | normal |
Jan 25, 2019 | Feb 7, 2019 | Jan 16, 2019 | $0.31 | normal |
Oct 26, 2018 | Nov 8, 2018 | Oct 17, 2018 | $0.3 | normal |
Jul 27, 2018 | Aug 9, 2018 | Jul 18, 2018 | $0.3 | normal |
Apr 27, 2018 | May 10, 2018 | Apr 18, 2018 | $0.3 | normal |
Jan 25, 2018 | Feb 8, 2018 | Jan 17, 2018 | $0.3 | normal |
Oct 26, 2017 | Nov 8, 2017 | Oct 18, 2017 | $0.29 | normal |
Jul 26, 2017 | Aug 9, 2017 | Jul 19, 2017 | $0.29 | normal |
Apr 26, 2017 | May 10, 2017 | Apr 19, 2017 | $0.29 | normal |
Jan 25, 2017 | Feb 8, 2017 | Jan 18, 2017 | $0.29 | normal |
Oct 26, 2016 | Nov 8, 2016 | Oct 19, 2016 | $0.28 | normal |
Union Bankshares's payout ratio of 48.6% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 32.1%, Union Bankshares's payout ratio is 51% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WASH Washington Trust Bancorp Inc | 8.64% | $2.2 | 55.8% |
UNB Union Bankshares Inc | 6.53% | $1.42 | 48.6% |
INDB Independent Bank Corp | 4.8% | $2.12 | 35.8% |
BHB Bar Harbor Bankshares | 4.49% | $1.06 | 33.7% |
NBTB Nbt Bancorp Inc | 3.58% | $1.2 | 35.2% |
Yes, Union Bankshares has been paying dividends for the last 24 years.
UNB hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in July 2023.
Union Bankshares's last regular dividend was on Apr 27, 2023 (ex-date) with the amount of $0.36 per share.
UNB's annualized dividend per share is $1.42.
Union Bankshares's current dividend yield is 6.53%.
Union Bankshares pays dividends quarterly.
Union Bankshares's dividend payout ratio is 48.6%.
Union Bankshares's dividend yield is above the Financial Services sector average.