Unity Bancorp (UNTY) Dividends & Splits

Unity Bancorp Inc (UNTY) has a history of paying dividends to its shareholders. The company has a dividend yield, which is a measure of the annual dividend payment divided by the stock's price, currently at a competitive rate. The payout ratio, which is the percentage of earnings distributed to shareholders as dividends, is also in line with industry standards. Investors looking for regular income may find Unity Bancorp Inc (UNTY) an attractive investment option.

On the other hand, Unity Bancorp Inc (UNTY) has not announced any splits. A stock split is when a company increases the number of its outstanding shares, usually to make the stock more affordable to investors. Despite the lack of split announcements, Unity Bancorp Inc (UNTY) remains an appealing investment opportunity for those seeking dividend income. The company has a dividend growth rate that is consistent with its financial performance. Investors can expect a steady dividend amount per share, which is typically announced on the ex-dividend date. The dividend payment date and frequency are determined by the company's board of directors and may vary from year to year.