Unity Bancorp, Inc. (UNTY) Dividends
Dividend Yield and Dividend History Highlights
- In terms of absolute dollars distributed to common shareholders over the past 12 months, UNTY has returned $3,261,000 US dollars, more than just 10.14% of US dividend issuers.
- As for stocks whose price is uncorrelated with UNTY's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: UFAB, BAH, GHM, COST and NYC.
UNTY Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $46.61 | $30.42 | 8.21% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for UNTY, the DDM model generated by StockNews estimates a return of positive 8.21% in comparison to its current price. Digging deeper, the aspects of Unity Bancorp Inc's dividend discount model that we found most interesting were:
- A stock's beta generally indicates its volatility relative to the broader equity market; for Unity Bancorp Inc, its beta is lower than 82.2% of dividend issuing stocks we observed.
- Based on dividend growth rate, UNTY boasts a higher growth rate in terms of its annual cash distributed to its owners than 86.78% of the dividend issuers in our set.
- In comparison to its fellow dividend issuing stocks in the Financial Services sector, UNTY's equity discount rate is less than 83.46% of those stocks.
UNTY Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-06 | Dividend | $0.13 | -- |
| 2024-06-07 | Dividend | $0.13 | -- |
| 2024-03-14 | Dividend | $0.13 | +8.33% |
| 2023-12-14 | Dividend | $0.12 | -- |
| 2023-09-07 | Dividend | $0.12 | -- |
| 2023-06-08 | Dividend | $0.12 | -- |
| 2023-03-09 | Dividend | $0.12 | +9.09% |
| 2022-12-15 | Dividend | $0.11 | -- |
| 2022-09-08 | Dividend | $0.11 | -- |
| 2022-06-09 | Dividend | $0.11 | +10.00% |
| 2022-03-10 | Dividend | $0.10 | -- |
| 2021-12-16 | Dividend | $0.10 | +11.11% |
| 2021-09-09 | Dividend | $0.09 | -- |
| 2021-06-10 | Dividend | $0.09 | +12.50% |
| 2021-03-11 | Dividend | $0.08 | -- |
| 2020-12-16 | Dividend | $0.08 | -- |
| 2020-09-10 | Dividend | $0.08 | -- |
| 2020-06-11 | Dividend | $0.08 | -- |
| 2020-03-12 | Dividend | $0.08 | -- |
| 2019-12-12 | Dividend | $0.08 | -- |
| 2019-09-12 | Dividend | $0.08 | -- |
| 2019-06-13 | Dividend | $0.08 | +14.29% |
| 2019-03-14 | Dividend | $0.07 | -- |
| 2018-12-13 | Dividend | $0.07 | -- |
| 2018-09-13 | Dividend | $0.07 | -- |
| 2018-06-14 | Dividend | $0.07 | +16.67% |
| 2018-03-15 | Dividend | $0.06 | -- |
| 2017-12-14 | Dividend | $0.06 | -- |
| 2017-09-14 | Dividend | $0.06 | -- |
| 2017-06-13 | Dividend | $0.06 | +20.00% |
| 2017-03-15 | Dividend | $0.05 | -- |
| 2016-12-14 | Dividend | $0.05 | +11.11% |
| 2016-09-09 | Dividend | $0.05 | +12.50% |
| 2016-06-14 | Dividend | $0.04 | -- |
| 2016-03-15 | Dividend | $0.04 | -- |
| 2015-12-11 | Dividend | $0.04 | -- |
| 2015-09-11 | Dividend | $0.04 | +33.33% |
| 2015-06-11 | Dividend | $0.03 | -- |
| 2015-03-12 | Dividend | $0.03 | -- |
| 2014-12-04 | Dividend | $0.03 | -- |
| 2014-09-10 | Dividend | $0.03 | +50.00% |
| 2014-06-11 | Dividend | $0.02 | -- |
| 2014-03-13 | Dividend | $0.02 | +100.00% |
| 2013-12-12 | Dividend | $0.01 | -- |
| 2013-09-12 | Dividend | $0.01 | -- |
| 2013-06-13 | Dividend | $0.01 | -80.00% |
| 2008-07-09 | Dividend | $0.05 | -- |
| 2008-04-09 | Dividend | $0.05 | -- |
| 2008-01-09 | Dividend | $0.05 | -- |
| 2007-10-10 | Dividend | $0.05 | -- |
| 2007-07-11 | Dividend | $0.05 | -- |
| 2007-04-11 | Dividend | $0.05 | -- |
| 2007-01-10 | Dividend | $0.05 | -- |
| 2006-10-11 | Dividend | $0.05 | -- |
| 2006-07-12 | Dividend | $0.05 | -- |
| 2006-04-11 | Dividend | $0.05 | -- |
| 2006-01-11 | Dividend | $0.05 | -- |
| 2005-10-12 | Dividend | $0.05 | -- |
| 2005-07-13 | Dividend | $0.05 | +25.00% |
| 2005-04-13 | Dividend | $0.04 | -- |
| 2005-01-12 | Dividend | $0.04 | -- |
| 2004-10-13 | Dividend | $0.04 | -- |
| 2004-07-13 | Dividend | $0.04 | -- |
| 2004-04-13 | Dividend | $0.04 | +33.33% |
| 2004-01-13 | Dividend | $0.03 | -- |
| 2003-10-10 | Dividend | $0.03 | -50.00% |
| 1999-10-27 | Dividend | $0.06 | -- |
| 1999-08-06 | Dividend | $0.06 | -- |
| 1999-05-06 | Dividend | $0.06 | +20.00% |
| 1999-02-03 | Dividend | $0.05 | +4.17% |
| 1998-12-17 | Dividend | $0.05 | -4.00% |
| 1998-10-28 | Dividend | $0.05 | -- |
| 1998-07-29 | Dividend | $0.05 | +200.00% |
| 1998-06-02 | Split | 3-2-for-1 Stock Split | N/A |
| 1998-04-29 | Dividend | $0.05 | -- |
| 1998-01-21 | Dividend | $0.05 | -- |
| 1997-10-08 | Dividend | $0.05 | -- |
| 1997-07-02 | Dividend | $0.05 | -- |
| 1997-04-11 | Dividend | $0.05 | -- |
UNTY Dividends vs. Peers
UNTY's dividend yield currently ranks #73 of 111 vs. its peers in the Northeast Regional Banks category.
Looking for More Information on UNTY dividends?
Here are a few links from around the web to help you further your research on Unity Bancorp Inc and its dividends:Unity Bancorp Inc Common Stock (UNTY) Dividend History | Nasdaq
Dividend History for Unity Bancorp Inc (UNTY) - Dividend Investor
Unity Bancorp Inc (UNTY) Dividend History - Seeking Alpha