Unity Bancorp Declares Cash Dividend of $0.15 Per Common Share
Unity Bancorp, Inc. has announced that its Board of Directors has declared a cash dividend of $0.15 per common share. The dividend is payable on September 19, 2025, to shareholders of record as of September 5, 2025. The increased dividend reflects the company's continued confidence in its earnings strength and long-term growth trajectory. Unity Bancorp's President and CEO, James A. Hughes, emphasizes the company's commitment to delivering consistent shareholder returns while maintaining a disciplined and conservative approach to capital management.
Key Takeaways:
- Unity Bancorp's Board of Directors has declared a cash dividend of $0.15 per common share.
- The dividend is payable on September 19, 2025, to shareholders of record as of September 5, 2025.
- The increased dividend reflects Unity Bancorp's continued confidence in its earnings strength and long-term growth trajectory.
- The company remains committed to delivering consistent shareholder returns while maintaining a disciplined and conservative approach to capital management.
- Unity Bancorp has approximately $2.9 billion in assets and $2.2 billion in deposits.
- Unity Bank, the company's wholly owned subsidiary, provides financial services to retail, corporate, and small business customers through its robust branch network.
Statistics:
- Dividend per common share: $0.15
- Payable date: September 19, 2025
- Record date: September 5, 2025
- Assets: approximately $2.9 billion
- Deposits: approximately $2.2 billion
Sources:
- Globe NewsWire, August 21, 2025
- Unity Bancorp, Inc. press release, August 21, 2025