Unity Bancorp (UNTY) Raises Quarterly Dividend 9.1% to $0.12; 1.8% Yield

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Go back to Unity Bancorp (UNTY) Raises Quarterly Dividend 9.1% to $0.12; 1.8% Yield

Unity Bancorp Announces 9% Increase in First Quarter Dividend

February 16, 2023 4:03 PM EST

CLINTON, N.J., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.12 per common share. Such dividend is payable on March 24, 2023, to shareholders of record as of March 10, 2023.

This represents an 9% increase from the $0.11 dividend per common share paid in the prior quarter, and a 20% increase from the $0.10 dividend per common share paid in March... More