Unity Bancorp, Inc.

NasdaqGM:UNTY Stock Report

Market Cap: US$276.7m

Unity Bancorp Dividend

Dividend criteria checks 4/6

Unity Bancorp is a dividend paying company with a current yield of 1.87% that is well covered by earnings.

Key information

1.9%

Dividend yield

13%

Payout ratio

Industry average yield3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$3.88
Dividend yield forecast in 3Y1.9%

Recent dividend updates

Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 27
Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Dec 13
Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12

Nov 21
Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12

Recent updates

Unity Bancorp: Respectable Quarter To Kick Off Regional Bank Earnings Season

Apr 12

Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 27
Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Dec 13
Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12

Nov 21
Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12

With EPS Growth And More, Unity Bancorp (NASDAQ:UNTY) Makes An Interesting Case

Nov 04
With EPS Growth And More, Unity Bancorp (NASDAQ:UNTY) Makes An Interesting Case

Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.12

Sep 05
Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.12

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Aug 22
Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?

Jul 18
Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?

Unity Bancorp (NASDAQ:UNTY) Will Pay A Larger Dividend Than Last Year At $0.12

May 29
Unity Bancorp (NASDAQ:UNTY) Will Pay A Larger Dividend Than Last Year At $0.12

Unity Bancorp (NASDAQ:UNTY) Is Increasing Its Dividend To $0.12

Feb 21
Unity Bancorp (NASDAQ:UNTY) Is Increasing Its Dividend To $0.12

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.11

Dec 09
Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.11

Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11

Nov 22
Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11

Unity Bancorp GAAP EPS of $0.93

Oct 14

Unity Bancorp: Attractively Valued With A Positive Outlook For Topline Growth

Sep 26

Unity Bancorp declares $0.11 dividend

Aug 25

Unity Bancorp added to US Small-Cap Russell 2000 Index

Jul 12

Unity Bancorp (NASDAQ:UNTY) Has Announced That It Will Be Increasing Its Dividend To US$0.11

Jun 05
Unity Bancorp (NASDAQ:UNTY) Has Announced That It Will Be Increasing Its Dividend To US$0.11

Unity Bancorp's (NASDAQ:UNTY) Dividend Will Be Increased To US$0.11

May 12
Unity Bancorp's (NASDAQ:UNTY) Dividend Will Be Increased To US$0.11

Unity Bancorp: A Local New Jersey Bank Trading At Just 9 Times Earnings

Mar 25

Unity Bancorp (NASDAQ:UNTY) Has Affirmed Its Dividend Of US$0.09

Aug 29
Unity Bancorp (NASDAQ:UNTY) Has Affirmed Its Dividend Of US$0.09

Increases to CEO Compensation Might Be Put On Hold For Now at Unity Bancorp, Inc. (NASDAQ:UNTY)

May 07
Increases to CEO Compensation Might Be Put On Hold For Now at Unity Bancorp, Inc. (NASDAQ:UNTY)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: UNTY's dividends per share have been stable in the past 10 years.

Growing Dividend: UNTY's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Unity Bancorp Dividend Yield vs Market
How does UNTY dividend yield compare to the market?
SegmentDividend Yield
Company (UNTY)1.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (UNTY)1.9%

Notable Dividend: UNTY's dividend (1.87%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: UNTY's dividend (1.87%) is low compared to the top 25% of dividend payers in the US market (4.68%).


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.7%), UNTY's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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