DividendAug 20, 2026, 04:04 PM
Unity Bancorp Declares $0.17 Dividend, Up 6%
AI Summary
Unity Bancorp, Inc. announced its Board of Directors has declared a cash dividend of $0.17 per common share, payable on September 17, 2026, to shareholders of record as of September 3, 2026. This represents a 6% increase in the quarterly dividend. The company cited confidence in its financial condition, earnings capacity, and future prospects, supported by a strong capital foundation, as reasons for enhancing shareholder returns while pursuing sustainable growth.
Key Highlights
- Unity Bancorp, Inc. declared a cash dividend of $0.17 per common share.
- The dividend is payable on September 17, 2026.
- Shareholders of record as of September 3, 2026, will receive the dividend.
- The dividend represents a 6% increase compared to the previous quarter's dividend.
- Unity Bancorp has approximately $3.2 billion in assets and $2.5 billion in deposits.
Price Impact
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