Unity Bancorp (UNTY) Raises Quarterly Dividend 20% to $0.06; 1.5% Yield

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Unity Bancorp Declares 20% Increase in Cash Dividend

April 28, 2017 11:52 AM EDT

CLINTON, N.J., April 28, 2017 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a 20% increase it its cash dividend from $0.05 per common share to $0.06 per common share.  Such dividend is payable on June 29, 2017, to shareholders of record as of June 15, 2017. 

James A. Hughes, President and CEO stated I am proud to announce that the Board and... More