Unity Bancorp Dividends and Buybacks
Dividend criteria checks 4/6
Unity Bancorp is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.520 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?
Jan 17
Unity Bancorp: Respectable Quarter To Kick Off Regional Bank Earnings Season
Apr 12Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12
Dec 13Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12
Nov 21With EPS Growth And More, Unity Bancorp (NASDAQ:UNTY) Makes An Interesting Case
Nov 04Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.12
Sep 05Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12
Aug 22Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?
Jul 18Unity Bancorp (NASDAQ:UNTY) Will Pay A Larger Dividend Than Last Year At $0.12
May 29Unity Bancorp (NASDAQ:UNTY) Is Increasing Its Dividend To $0.12
Feb 21Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.11
Dec 09Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11
Nov 22Unity Bancorp GAAP EPS of $0.93
Oct 14Unity Bancorp: Attractively Valued With A Positive Outlook For Topline Growth
Sep 26Unity Bancorp declares $0.11 dividend
Aug 25Unity Bancorp added to US Small-Cap Russell 2000 Index
Jul 12Unity Bancorp (NASDAQ:UNTY) Has Announced That It Will Be Increasing Its Dividend To US$0.11
Jun 05Unity Bancorp's (NASDAQ:UNTY) Dividend Will Be Increased To US$0.11
May 12Unity Bancorp: A Local New Jersey Bank Trading At Just 9 Times Earnings
Mar 25Unity Bancorp (NASDAQ:UNTY) Has Affirmed Its Dividend Of US$0.09
Aug 29Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UNTY) | 1.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (UNTY) (up to 3 years) | 1.2% |
Notable Dividend: UNTY's dividend (1.08%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: UNTY's dividend (1.08%) is low compared to the top 25% of dividend payers in the US market (4.47%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.6%), UNTY's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UNTY's dividends in 3 years are forecast to be thoroughly covered by earnings (10.7% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 00:22 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Unity Bancorp, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erik Zwick | Boenning & Scattergood, Inc. |
| null null | D.A. Davidson & Co. |
| Jacob Civiello | Janney Montgomery Scott LLC |