Commerce Union Bancshares (CUBN) Declares $0.06 Quarterly Dividend; 0.9% Yield

Commerce Union Bancshares (NASDAQ: CUBN) declared a quarterly dividend of $0.06 per share, or $0.24 annualized.

The dividend will be payable on January 20, 2018, to stockholders of record on January 10, 2018, with an ex-dividend date of January 9, 2018.

The annual yield on the dividend is 0.9 percent.

“We are pleased to announce our Board’s approval of the fourth quarter cash dividend of $0.06 per share that, together with the dividends paid for the first three quarters, represents a 9.1% increase in the cash dividend compared with the annual dividend paid last year,” stated DeVan D. Ard, Jr., Chairman, President and Chief Executive Officer. “The dividend reflects our bank’s continuing growth and profitability and our Board’s commitment to build long-term value for our shareholders.

For a dividend history and other dividend-related data on Commerce Union Bancshares (CUBN) click here.

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