UNB Union Bankshares dividend history, payout ratio & dates
Union Bankshares's most recent cash dividend of $0.36 per share was issued to shareholders on record before Jul 26, 2024. The payout stands at $1.44 per share annually, which works out to a dividend yield of 5.26%.
Key dates
- UNB last dividend date: Jul 26, 2024
UNB dividend stats
vs. Financial Services sector
Dividend yield
Union Bankshares's dividend yield of 5.26% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.82%, Union Bankshares's dividend yield is 87% higher. Historically UNB's dividend yield has averaged at 5.0% in the last 5 years, which is similar to the current yield.
Dividend history
Union Bankshares has been paying dividends for the last 25 years. According to our data UNB has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 0.7% for the last twelve months. However since the stock price has gone up by 8% from a year ago, the dividend yield has decreased by 7%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jul 26, 2024 | $0.36 | 5.51% |
| Apr 25, 2024 | $0.36 | 5.12% |
| Jan 25, 2024 | $0.36 | 4.82% |
| Oct 26, 2023 | $0.36 | 5.68% |
| Jul 27, 2023 | $0.36 | 6.03% |
| Apr 27, 2023 | $0.36 | 6.42% |
| Jan 26, 2023 | $0.36 | 5.28% |
| Oct 27, 2022 | $0.35 | 5.39% |
| Jul 28, 2022 | $0.35 | 5.43% |
| Apr 28, 2022 | $0.35 | 4.46% |
| Jan 27, 2022 | $0.35 | 4.27% |
| Oct 28, 2021 | $0.33 | 4.16% |
| Jul 29, 2021 | $0.33 | 4.04% |
| Apr 29, 2021 | $0.33 | 3.85% |
| Jan 29, 2021 | $0.33 | 4.74% |
| Oct 29, 2020 | $0.32 | 5.94% |
| Jul 24, 2020 | $0.32 | 6.61% |
| Apr 24, 2020 | $0.32 | 5.6% |
| Jan 24, 2020 | $0.32 | 3.57% |
| Oct 25, 2019 | $0.31 | 3.81% |
| Jul 26, 2019 | $0.31 | 3.55% |
| Apr 29, 2019 | $0.31 | 3.23% |
| Jan 25, 2019 | $0.31 | 2.56% |
| Oct 26, 2018 | $0.3 | 2.64% |
| Jul 27, 2018 | $0.3 | 2.29% |
| Apr 27, 2018 | $0.3 | 2.28% |
| Jan 25, 2018 | $0.3 | 2.17% |
| Oct 26, 2017 | $0.29 | 2.37% |
| Jul 26, 2017 | $0.29 | 2.53% |
| Apr 26, 2017 | $0.29 | 2.73% |
| Jan 25, 2017 | $0.29 | 2.7% |
| Oct 26, 2016 | $0.28 | 3.39% |
| Jul 27, 2016 | $0.28 | 3.18% |
| Apr 27, 2016 | $0.28 | 3.79% |
| Jan 27, 2016 | $0.27 | 3.95% |
| Oct 28, 2015 | $0.27 | 4.04% |
| Jul 23, 2015 | $0.27 | 3.99% |
| Apr 23, 2015 | $0.27 | 3.78% |
| Jan 28, 2015 | $0.27 | 4.21% |
Union Bankshares dividend payout ratio
Payout ratio
Union Bankshares's payout ratio of 64.9% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 43.4%, Union Bankshares's payout ratio is 50% higher.
Total amount of dividends paid per financial year (from cash flow)
UNB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.3% | $2.24 | 83.6% |
| UNB Union Bankshares Inc | 5.1% | $1.44 | 64.9% |
| INDB Independent Bank Corp | 3.6% | $2.26 | 45.5% |
| BHB Bar Harbor Bankshares | 3.53% | $1.16 | 42.8% |
| EBTC Enterprise Bancorp Inc | 2.96% | $0.95 | 32.9% |
| NBTB Nbt Bancorp Inc | 2.93% | $1.3 | 50% |
Frequently asked questions
Does Union Bankshares pay a dividend?
Yes, Union Bankshares has been paying dividends for the last 25 years.
When was UNB's last dividend?
Union Bankshares's last regular dividend was on Jul 26, 2024 (ex-date) with the amount of $0.36 per share.
How much dividend does Union Bankshares pay (per share)?
UNB's annualized dividend per share is $1.44.
What is Union Bankshares's dividend yield?
Union Bankshares's current dividend yield is 5.26%.
How often does Union Bankshares pay dividends?
Union Bankshares pays dividends quarterly.
What is Union Bankshares's dividend payout ratio?
Union Bankshares's dividend payout ratio is 64.9%.
Does Union Bankshares pay a good dividend?
Union Bankshares's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.