University Bancorp, Inc. (OTCMKTS:UNIB - Get Free Report) shares rose 4.5% on Tuesday . The stock traded as high as $15.99 and last traded at $15.99. Approximately 1,000 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 1,465 shares. The stock had previously closed at $15.30.
University Bancorp Price Performance
The firm's 50-day simple moving average is $15.38 and its two-hundred day simple moving average is $16.22.
University Bancorp Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, April 11th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend was Friday, April 11th.
University Bancorp Company Profile
(
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University Bancorp, Inc operates as the bank holding company for University Bank that provides various personal, business, and community banking services in the United States. It offers checking, NOW, savings, money market, time deposit, and certificates of deposit accounts. The company's consumer loans include home equity, short term, automobile, personal, and recreational vehicle loans, as well as home equity lines of credits; SBA, commercial real estate, equipment, home improvement, and other instalment loans; and non-profit loans, as well as working capital lines of credit.
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