The regional lender maintains its quarterly dividend at $0.16 per share, yielding 1.16% with a June 18 payment date.
Unity Bancorp declared a $0.16 per share quarterly dividend, unchanged from the previous quarter. The payout will be distributed on June 18 to shareholders of record as of June 4, with an ex-dividend date also set for June 4.
The company has now paid $0.16 per share for two consecutive quarters, reflecting stability in its dividend policy. The forward yield stands at 1.16%, consistent with prior distributions.
No immediate market reaction was reported following the announcement.