Unity Bancorp Stock Dividends
UNTY pays dividends quarterly. Last paid amount was $0.130 at Mar 29, 2024. As of today, dividend yield (TTM) is 1.90%.
Dividend Yield Range
AI Analysis of UNTY
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.90% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 8.33% |
| Payout Ratio | 0 |
| Amount Per Share | $0.130 |
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Unity Bancorp has not yet announced its next dividend date. Last payment date was: Mar 29, 2024.
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UNTY Dividend Payout History
To ensure a understanding of UNTY's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 61 | Jun 25, 2004 | Jul 13, 2004 | Jul 30, 2004 | $0.0299 | 0.314% |
| 62 | Mar 22, 2004 | Apr 13, 2004 | Apr 30, 2004 | $0.0285 | 0.314% |
| 63 | Dec 23, 2003 | Jan 13, 2004 | Jan 31, 2004 | $0.0214 | 0.234% |
| 64 | Sep 22, 2003 | Oct 10, 2003 | Oct 31, 2003 | $0.0214 | 0.261% |
| 65 | Oct 18, 1999 | Oct 27, 1999 | Nov 16, 1999 | $0.0407 | 0.762% |
| 66 | Jul 13, 1999 | Aug 06, 1999 | Aug 25, 1999 | $0.0407 | 0.649% |
| 67 | Apr 30, 1999 | May 06, 1999 | May 25, 1999 | $0.0407 | 0.558% |
| 68 | Jan 28, 1999 | Feb 03, 1999 | Feb 16, 1999 | $0.0339 | 0.476% |
| 69 | Dec 17, 1998 | Dec 17, 1998 | Dec 17, 1998 | $0.0326 | 0.441% |
| 70 | Oct 13, 1998 | Oct 28, 1998 | Nov 13, 1998 | $0.0207 | 0.278% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
UNTY Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from UNTY dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in UNTY stock here.
Comparing UNTY to Sector and Country
UNTY pays a solid dividend yield of 1.90%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.81%). UNTY’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.94%), which means that there are more attractive dividend stocks to consider.
UNTY Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| BCB Bancorp | 180.596M | $0.160 | 5.67% | 41.57% | |
| Ames National Corporation | 188.836M | $0.270 | 5.57% | 73.40% | |
| Bankwell Financial Group | 187.74M | $0.200 | 3.92% | 15.58% | |
| First Business Financial Services | 288.944M | $0.250 | 2.79% | 16.93% | |
| Unity Bancorp | 282.427M | $0.130 | 1.90% | 8.99% | |
| Northeast Bancorp | 430.706M | $0.0100 | 0.0798% | 0.413% |
