Union Bankshares - UNB Stock Forecast, Price & News

Union Bankshares' stock was trading at $24.0099 at the start of the year. Since then, UNB shares have decreased by 6.3% and is now trading at $22.49.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our UNB earnings forecast.

Union Bankshares, Inc. (NASDAQ:UNB) posted its quarterly earnings results on Wednesday, January, 18th. The bank reported $0.77 earnings per share for the quarter. Union Bankshares had a trailing twelve-month return on equity of 21.11% and a net margin of 24.55%.

Union Bankshares declared a quarterly dividend on Wednesday, January 18th. Investors of record on Saturday, January 28th will be given a dividend of $0.36 per share on Thursday, February 2nd. This represents a $1.44 annualized dividend and a dividend yield of 6.40%. The ex-dividend date is Thursday, January 26th. This is a positive change from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for UNB.

Union Bankshares (NASDAQ:UNB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 6.33%. UNB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 51.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for UNB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Union Bankshares investors own include AT&T (T), Verizon Communications (VZ), Southern (SO), Energy Transfer (ET), Harley-Davidson (HOG), Altria Group (MO), Realty Income (O), Pfizer (PFE), Teekay LNG Partners (TGP) and Universal (UVV).

Union Bankshares trades on the NASDAQ under the ticker symbol "UNB."

Union Bankshares' stock is owned by a variety of retail and institutional investors. Top institutional investors include Spears Abacus Advisors LLC (1.05%), Cardinal Capital Management (0.87%), Renaissance Technologies LLC (0.43%), LPL Financial LLC (0.43%) and Money Concepts Capital Corp (0.17%). Insiders that own company stock include David Scott Silverman, Dyke Cornelius John Van, Janet P Spitler and Nancy C Putnam.
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Shares of UNB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UNB stock can currently be purchased for approximately $22.49.

Union Bankshares (NASDAQ:UNB) has a market capitalization of $100.98 million and generates $52.24 million in revenue each year. The bank earns $12.60 million in net income (profit) each year or $2.81 on an earnings per share basis.

The company employs 194 workers across the globe.

Union Bankshares' mailing address is 20 LOWER MAIN STREET, MORRISVILLE VT, 05661. The official website for the company is www.ublocal.com. The bank can be reached via phone at (802) 888-6600, via email at shareholder@broadridge.com, or via fax at 1-800-522-2950.