dividend
confidence high
sentiment positive
materiality 0.55
Unity Bancorp raises quarterly dividend 8% to $0.14/share; payable March 28
UNITY BANCORP INC /NJ/
- Board declared $0.14 per common share cash dividend, up from $0.13 in prior quarter (8% increase).
- Dividend payable on March 28, 2025 to shareholders of record as of March 14, 2025.
- CEO James A. Hughes cites robust financial health and confidence in earnings outlook.
- Unity Bancorp (NASDAQ: UNTY) has approx. $2.7B in assets and $2.1B in deposits.