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: |
| $26.26 | $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 Chart
UNTY Dividend History
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UNTY Dividends vs. Peers
UNTY's dividend yield currently ranks #72 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