Unity Bancorp Increases Dividend by 6.7%

The financial services provider will pay a quarterly dividend of $0.16 per share, up from $0.15 previously.

Published on Feb. 27, 2026

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Unity Bancorp, Inc. (NASDAQ:UNTY) announced a 6.7% increase in its quarterly dividend, raising it from $0.15 to $0.16 per share. The dividend will be payable on March 20th to shareholders of record as of March 6th. This represents an annualized dividend of $0.60 and a yield of 1.2%.

Why it matters

The dividend increase demonstrates Unity Bancorp's strong financial performance and commitment to returning capital to shareholders. As a regional bank, Unity's ability to consistently raise its dividend is a positive sign for investors.

The details

Unity Bancorp has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 12 consecutive years. The company's payout ratio of 10.9% indicates its dividend is well covered by earnings, and analysts expect Unity to earn $5.44 per share next year, which would keep the payout ratio at a sustainable 11.0%.

The ex-dividend date is Friday, March 6th.
The dividend will be paid on Friday, March 20th.

The players