Unity Bancorp, Inc. (UNTY) Dividends

Unity Bancorp, Inc. (UNTY): $34.50

0.50 (-1.43%)

POWR Rating

Component Grades

Momentum

B

Stability

B

Sentiment

Quality

C

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Industry: Northeast Regional Banks

Industry

F

Ranked

#3 of 65

in industry

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 Ex-Dividend Date
UNTY Dividend Yield
1.52%
UNTY Annual Dividend
$0.52
UNTY Payout Ratio

UNTY Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$34.50$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
2024-06-07Dividend$0.13--
2024-03-14Dividend$0.13+8.33%
2023-12-14Dividend$0.12--
2023-09-07Dividend$0.12--
2023-06-08Dividend$0.12--
2023-03-09Dividend$0.12+9.09%
2022-12-15Dividend$0.11--
2022-09-08Dividend$0.11--
2022-06-09Dividend$0.11+10.00%
2022-03-10Dividend$0.10--
2021-12-16Dividend$0.10+11.11%
2021-09-09Dividend$0.09--
2021-06-10Dividend$0.09+12.50%
2021-03-11Dividend$0.08--
2020-12-16Dividend$0.08--
2020-09-10Dividend$0.08--
2020-06-11Dividend$0.08--
2020-03-12Dividend$0.08--
2019-12-12Dividend$0.08--
2019-09-12Dividend$0.08--
2019-06-13Dividend$0.08+14.29%
2019-03-14Dividend$0.07--
2018-12-13Dividend$0.07--
2018-09-13Dividend$0.07--
2018-06-14Dividend$0.07+16.67%
2018-03-15Dividend$0.06--
2017-12-14Dividend$0.06--
2017-09-14Dividend$0.06--
2017-06-13Dividend$0.06+20.00%
2017-03-15Dividend$0.05--
2016-12-14Dividend$0.05+11.11%
2016-09-09Dividend$0.05+12.50%
2016-06-14Dividend$0.04--
2016-03-15Dividend$0.04--
2015-12-11Dividend$0.04--
2015-09-11Dividend$0.04+33.33%
2015-06-11Dividend$0.03--
2015-03-12Dividend$0.03--
2014-12-04Dividend$0.03--
2014-09-10Dividend$0.03+50.00%
2014-06-11Dividend$0.02--
2014-03-13Dividend$0.02+100.00%
2013-12-12Dividend$0.01--
2013-09-12Dividend$0.01--
2013-06-13Dividend$0.01-80.00%
2008-07-09Dividend$0.05--
2008-04-09Dividend$0.05--
2008-01-09Dividend$0.05--
2007-10-10Dividend$0.05--
2007-07-11Dividend$0.05--
2007-04-11Dividend$0.05--
2007-01-10Dividend$0.05--
2006-10-11Dividend$0.05--
2006-07-12Dividend$0.05--
2006-04-11Dividend$0.05--
2006-01-11Dividend$0.05--
2005-10-12Dividend$0.05--
2005-07-13Dividend$0.05+25.00%
2005-04-13Dividend$0.04--
2005-01-12Dividend$0.04--
2004-10-13Dividend$0.04--
2004-07-13Dividend$0.04--
2004-04-13Dividend$0.04+33.33%
2004-01-13Dividend$0.03--
2003-10-10Dividend$0.03-50.00%
1999-10-27Dividend$0.06--
1999-08-06Dividend$0.06--
1999-05-06Dividend$0.06+20.00%
1999-02-03Dividend$0.05+4.17%
1998-12-17Dividend$0.05-4.00%
1998-10-28Dividend$0.05--
1998-07-29Dividend$0.05+200.00%
1998-06-02Split3-2-for-1 Stock SplitN/A
1998-04-29Dividend$0.05--
1998-01-21Dividend$0.05--
1997-10-08Dividend$0.05--
1997-07-02Dividend$0.05--
1997-04-11Dividend$0.05--


UNTY Dividends vs. Peers

UNTY's dividend yield currently ranks #73 of 111 vs. its peers in the Northeast Regional Banks category.
Rank Symbol Name Dividend Yield
1 NECB Northeast Community Bancorp 0.00%
2 SBBX SB One Bancorp 0.00%
3 OBT Orange County Bancorp, Inc. /DE/ 0.00%
4 PNBK Patriot National Bancorp Inc. 0.00%
5 SBNY Signature Bank 0.00%
6 NFBK Northfield Bancorp, Inc. 0.00%
7 PCSB PCSB Financial Corporation 0.00%
8 FCF First Commonwealth Financial Corporation 0.00%
9 CATC Cambridge Bancorp 0.00%
10 QNBC Qnb Corp 0.00%
11 EBSB Meridian Bancorp, Inc. 0.00%
12 BLMT BSB Bancorp, Inc. 0.00%
13 EBTC Enterprise Bancorp Inc 0.00%
14 CNBKA Century Bancorp, Inc. - 0.00%
15 WASH Washington Trust Bancorp, Inc. 0.00%
16 BNCL Beneficial Bancorp, Inc. 0.00%
17 CNOB ConnectOne Bancorp, Inc. 0.00%
18 FULT Fulton Financial Corporation 0.00%
19 MRBK Meridian Corporation 0.00%
20 WBS Webster Financial Corporation 0.00%
21 STND Standard AVB Financial Corp. 0.00%
22 MCB Metropolitan Bank Holding Corp. 0.00%
23 BPFH Boston Private Financial Holdings, Inc. 0.00%
24 LSBG Lake Sunapee Bk Cmn 0.00%
25 LSBK Lake Shore Bancorp, Inc. 0.00%
26 BRKL Brookline Bancorp, Inc. 0.00%
27 EMCF Emclaire Financial Corp 0.00%
28 PBFS Pioneer Bancorp, Inc. 0.00%
29 BHLB Berkshire Hills Bancorp, Inc. 0.00%
30 GCBC Greene County Bancorp, Inc. 0.00%
31 ESQ Esquire Financial Holdings, Inc. 0.00%
32 INDB Independent Bank Corp. 0.00%
33 WNEB Western New England Bancorp, Inc. 0.00%
34 SBT Sterling Bancorp, Inc. 0.00%
35 SIFI SI Financial Group, Inc. 0.00%
36 TRCB Two River Bancorp 0.00%
37 BWFG Bankwell Financial Group, Inc. 0.00%
38 CLBK Columbia Financial, Inc. 0.00%
39 PDLB PDL Community Bancorp 0.00%
40 CAC Camden National Corporation 0.00%
41 TRST TrustCo Bank Corp NY 0.00%
42 OCFC OceanFirst Financial Corp. 0.00%
43 WVFC WVS Financial Corp. 0.00%
44 BHB Bar Harbor Bankshares, Inc. 0.00%
45 CSBK Clifton Bancorp Inc. 0.00%
46 TSC TriState Capital Holdings, Inc. 0.00%
47 FDBC Fidelity D & D Bancorp, Inc. 0.00%
48 HNVR Hanover Bancorp, Inc. 0.00%
49 BKJ Bancorp of New Jersey, Inc 0.00%
50 ESSA ESSA Bancorp, Inc. - common stock 0.00%
51 ISBC Investors Bancorp, Inc. 0.00%
52 NYCB New York Community Bancorp, Inc. 0.00%
53 CARV Carver Bancorp, Inc. 0.00%
54 SNBC Sun Bancorp, Inc. 0.00%
55 FRAF Franklin Financial Services Corporation 0.00%
56 PBBK PB Bankshares, Inc. 0.00%
57 BPRN The Bank of Princeton 0.00%
58 AROW Arrow Financial Corporation 0.00%
59 CBFV CB Financial Services, Inc. 0.00%
60 LNKB LINKBANCORP Inc. 0.00%
61 ORIT Oritani Financial Corp. 0.00%
62 UBNK United Financial Bancorp, Inc. 0.00%
63 HONE HarborOne Bancorp, Inc. 0.00%
64 WMPN William Penn Bancorporation 0.00%
65 ORRF Orrstown Financial Services Inc 0.00%
66 CVLY Codorus Valley Bancorp, Inc 0.00%
67 MGYR Magyar Bancorp, Inc. 0.00%
68 ASRV AmeriServ Financial Inc. 0.00%
69 FBNK First Connecticut Bancorp, Inc. 0.00%
70 FCCY 1st Constitution Bancorp (NJ) 0.00%
71 UNB Union Bankshares, Inc. 0.00%
72 BLFY Blue Foundry Bancorp 0.00%
73 UNTY Unity Bancorp, Inc. 0.00%
74 PVBC Provident Bancorp, Inc. 0.00%
75 CUBI Customers Bancorp, Inc 0.00%
76 STL Sterling Bancorp 0.00%
77 PBCT People's United Financial, Inc. 0.00%
78 DCOM Dime Community Bancshares, Inc. 0.00%
79 FFIC Flushing Financial Corporation 0.00%
80 PBHC Pathfinder Bancorp, Inc. 0.00%
81 PBIP Prudential Bancorp, Inc. 0.00%
82 RNDB Randolph Bancorp, Inc. 0.00%
83 UVSP Univest Financial Corporation 0.00%
84 STBA S&T Bancorp, Inc. 0.00%
85 FISI Financial Institutions, Inc. 0.00%
86 HIFS Hingham Institution for Savings 0.00%
87 TMP Tompkins Financial Corporation 0.00%
88 KRNY Kearny Financial 0.00%
89 ACNB ACNB Corporation 0.00%
90 FLIC The First of Long Island Corporation 0.00%
91 CHMG Chemung Financial Corp 0.00%
92 AMAL Amalgamated Financial Corp. 0.00%
93 CBU Community Bank System, Inc. 0.00%
94 BCBP BCB Bancorp, Inc. (NJ) 0.00%
95 LBAI Lakeland Bancorp, Inc. 0.00%
96 PFIS Peoples Financial Services Corp. 0.00%
97 FNLC First Bancorp, Inc (ME) 0.00%
98 BDGE Bridge Bancorp, Inc. 0.00%
99 PGC Peapack-Gladstone Financial Corporation 0.00%
100 PFS Provident Financial Services, Inc 0.00%
101 EVBN Evans Bancorp, Inc. 0.00%
102 FNCB FNCB Bancorp Inc. 0.00%
103 HTBI HomeTrust Bancshares, Inc. 0.00%
104 VLY Valley National Bancorp 0.00%
105 PKBK Parke Bancorp, Inc. 0.00%
106 NBN Northeast Bank 0.00%
107 NBTB NBT Bancorp Inc. 0.00%
108 BHBK Blue Hills Bancorp, Inc. 0.00%
109 SAL Salisbury Bancorp, Inc. 0.00%
110 AF Astoria Financial Corporation 0.00%
111 FRBK Republic First Bancorp, Inc. 0.00%

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

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