Unity Bancorp (FRA:UTB) Dividend Payout Ratio : 0.14 (As of Mar. 2024)

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What is Unity Bancorp Dividend Payout Ratio?

Unity Bancorp's dividend payout ratio for the months ended in Mar. 2024 was 0.14.

The historical rank and industry rank for Unity Bancorp's Dividend Payout Ratio or its related term are showing as below:

FRA:UTB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.13 Max: 0.19
Current: 0.13

During the past 13 years, the highest Dividend Payout Ratio of Unity Bancorp was 0.19. The lowest was 0.11. And the median was 0.13.

FRA:UTB's Dividend Payout Ratio is ranked better than
89.68% of 1095 companies
in the Banks industry
Industry Median: 0.34 vs FRA:UTB: 0.13

As of today (2024-05-25), the Dividend Yield % of Unity Bancorp is 1.79%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Unity Bancorp was 3.24%. The lowest was 0.13%. And the median was 1.27%.

Unity Bancorp's Dividends per Share for the months ended in Mar. 2024 was €0.12.

During the past 12 months, Unity Bancorp's average Dividends Per Share Growth Rate was 8.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Unity Bancorp was 97.20% per year. The lowest was -1.50% per year. And the median was 19.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Unity Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Unity Bancorp's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Unity Bancorp Dividend Payout Ratio Chart

Unity Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.11

0.12

0.13

Unity Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.13	0.13	0.12	0.13	0.14

Competitive Comparison of Unity Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Unity Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Unity Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Unity Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Unity Bancorp's Dividend Payout Ratio falls into.

Unity Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Unity Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.44	/	3.521
	=	0.12

Unity Bancorp's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.12	/	0.856
	=	0.14

Unity Bancorp (FRA:UTB) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Unity Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Unity Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Unity Bancorp (FRA:UTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Unity Bancorp Inc (FRA:UTB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

UNTY:USA

Address

64 Old Highway 22, Clinton, NJ, USA, 08809

Website

http://www.unitybank.com

Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts and regular savings accounts. The company structures its specific services and charges in a manner designed to attract the business of the small and medium sized business and professional community, as well as that of individuals residing, working and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity and personal loans.

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