Unity Bancorp's Recent Dividend Announcement
Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, has recently disclosed an exciting dividend for its shareholders. The Board of Directors made an important decision, declaring a cash dividend of $0.15 per common share. This dividend reflects Unity Bancorp’s ongoing commitment to delivering value to its investors.
Payment Details for the Dividend
The declared dividend is set to be paid on December 19, 2025. To qualify for this dividend, shareholders must be on record by December 5, 2025. This is great news for those invested in Unity Bancorp, as it showcases the company’s robust financial health and dedication to rewarding its shareholders.
Company Overview
Unity Bancorp, Inc. operates as a leading financial services provider with its headquarters in Clinton, New Jersey. The company boasts significant assets, totaling around $2.9 billion, and deposits amounting to $2.3 billion. Its wholly owned subsidiary, Unity Bank, serves a diverse range of customers including retail, corporate, and small businesses.
Branch Network and Services
Unity Bank has established a strong presence in several New Jersey counties, including Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union, and Warren, as well as in Northampton County, Pennsylvania. The expansive branch network facilitates the delivery of comprehensive banking services to the community, allowing for greater accessibility to financial resources.
Commitment to Financial Health
Unity Bancorp continues to emphasize its commitment to maintaining a healthy financial environment for its stakeholders. The recent dividend announcement is a clear indication of the company's focus on ensuring satisfactory returns for its investors while concurrently striving for sustainable growth.
Contact Information
For any inquiries or more information, media and financial analysts can reach out to George Boyan, the EVP and Chief Financial Officer, at (908) 713-4565. Unity Bancorp values open communication and is ready to provide any necessary information regarding its recent developments.
Frequently Asked Questions
What is the amount of the declared dividend by Unity Bancorp?
The declared dividend is $0.15 per common share.
When will Unity Bancorp pay the dividend?
The dividend will be paid on December 19, 2025.
What is the record date for shareholders?
Shareholders must be registered by December 5, 2025, to receive the dividend.
Where is Unity Bancorp headquartered?
Unity Bancorp is headquartered in Clinton, New Jersey.
Who can I contact for more information about Unity Bancorp?
You can contact George Boyan at (908) 713-4565 for information or inquiries.
