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UNB Union Bankshares dividend history, payout ratio & dates

Union Bankshares's most recent quarterly cash dividend of $0.35 per share was issued to shareholders on record before Jul 28, 2022. The payout stands at $1.4 per share annually, which works out to a dividend yield of 6.21%.

Key dates

  • UNB last dividend date: Jul 28, 2022
  • UNB next dividend date: Not announced
UNB dividend stats
DPS
$1.4
Dividend yield
6.21%
Payout ratio
49.5%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Union Bankshares current dividend yield

Union Bankshares's dividend yield of 6.21% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.95%, Union Bankshares's dividend yield is 111% higher. Historically UNB's dividend yield has averaged at 3.9% in the last 5 years, which is below the current yield.

Dividend history

What is UNB dividend payout history and dates

Union Bankshares has been paying dividends for the last 23 years. According to our data UNB has distributed five quarterly dividends in the past year. The annualized dividend per share has increased by 7% for the last twelve months. And since the stock price has gone down by 29% from a year ago, the dividend yield has increased by 51%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Union Bankshares dividend payout ratio compared to the sector

Payout ratio

Union Bankshares's payout ratio of 49.5% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.2%, Union Bankshares's payout ratio is 64% higher.

Total amount of dividends paid per financial year (from cash flow)

UNB dividend vs peer dividends

How does UNB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
UNB Union Bankshares Inc 6.21% $1.4 49.5%
WASH Washington Trust Bancorp Inc 4.6% $2.16 49.8%
BHB Bar Harbor Bankshares 3.76% $1 36.9%
NBTB Nbt Bancorp Inc 2.96% $1.14 32.5%
INDB Independent Bank Corp 2.68% $2.01 57.3%

Frequently asked questions

Does Union Bankshares pay a dividend?

Yes, Union Bankshares has been paying dividends for the last 23 years.

When is Union Bankshares's next dividend?

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 October 2022.

When was UNB's last dividend?

Union Bankshares's last regular dividend was on Jul 28, 2022 (ex-date) with the amount of $0.35 per share.

How much dividend does Union Bankshares pay (per share)?

UNB's annualized dividend per share is $1.4.

What is Union Bankshares's dividend yield?

Union Bankshares's current dividend yield is 6.21%.

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 49.5%.

Does Union Bankshares pay a good dividend?

Union Bankshares's dividend yield is above the Financial Services sector average.