Unity Bancorp, Inc. (NASDAQ:UNTY) declared quarterly dividend of $ 0.08 per share, or $ 0.32 annualized.
The dividend will be payable on September 25, 2020, to stockholders of record on September 11, 2020, with an ex-dividend date of August 10, 2020.
Dividends History
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Recent Earnings Announcement
Unity Bancorp, Inc. unveiled income for the second quarter of $ 0.47 per share, from the revenue of $ 18.34 million. The consensus estimates are income of $ 0.38 per share from $ 17.42 million in revenue. The bottom line results beat street analysts by $ 0.09 or 23.68 percent, at the same time, top line results outshined analysts by $ 0.92 million or 5.28 percent.
Stock Performance
Shares of Unity Bancorp, Inc. traded up $ 0.30 or 2.27 percent on Thursday, reaching $ 13.50 with volume of 6.10 thousand shares. Unity Bancorp, Inc. has traded high as $ 13.60 and has cracked $ 13.22 on the downward trend
The closing price of $ 13.50, representing a 50.68 % increase from the 52 week low of $ 8.76 and a 46.56 % decrease over the 52 week high of $ 24.70.
The company has a market capital of $ 144.16 million and is part of the Financial Services sector and Banks – Regional – US industry.
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides a range of banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts.
