Union Bankshares, Inc. (NASDAQ:UNB - Get Free Report) declared a quarterly dividend on Thursday, July 17th, Wall Street Journal reports. Investors of record on Saturday, July 26th will be given a dividend of 0.36 per share by the bank on Thursday, August 7th. This represents a $1.44 annualized dividend and a yield of 5.29%. The ex-dividend date is Friday, July 25th.
Union Bankshares Price Performance
NASDAQ:UNB traded up $0.21 during mid-day trading on Thursday, hitting $27.20. The company's stock had a trading volume of 6,011 shares, compared to its average volume of 12,618. Union Bankshares has a fifty-two week low of $22.60 and a fifty-two week high of $37.70. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $123.49 million, a price-to-earnings ratio of 13.88 and a beta of 0.54. The stock has a fifty day moving average of $29.24 and a 200-day moving average of $30.20.
Union Bankshares (NASDAQ:UNB - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The bank reported $0.55 EPS for the quarter. Union Bankshares had a net margin of 11.00% and a return on equity of 12.93%. The business had revenue of $12.70 million for the quarter.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Union Bankshares from a "sell" rating to a "hold" rating in a report on Wednesday, May 21st.
Read Our Latest Research Report on Union Bankshares
Hedge Funds Weigh In On Union Bankshares
A hedge fund recently bought a new stake in Union Bankshares stock. Goldman Sachs Group Inc. acquired a new position in shares of Union Bankshares, Inc. (NASDAQ:UNB - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,801 shares of the bank's stock, valued at approximately $214,000. Goldman Sachs Group Inc. owned approximately 0.15% of Union Bankshares at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.84% of the company's stock.
About Union Bankshares
(
Get Free Report)
Union Bankshares, Inc operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit.
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