Unity Bancorp About To Put More Money In Your Pocket (UNTY)

Looking at the universe of stocks we cover at Dividend Channel, on 12/12/13, Unity Bancorp, Inc. ( UNTY) will trade ex-dividend, for its quarterly dividend of $0.01, payable on 12/30/13. As a percentage of UNTY's recent stock price of $7.70, this dividend works out to approximately 0.13%.

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Below is a dividend history chart for UNTY, showing historical dividends prior to the most recent $0.01 declared by Unity Bancorp, Inc.:

UNTY+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from UNTY is likely to continue, and whether the current estimated yield of 0.52% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of UNTY shares, versus its 200 day moving average:

Unity Bancorp, Inc. 200 Day Moving Average Chart

Looking at the chart above, UNTY's low point in its 52 week range is $5.50 per share, with $8.13 as the 52 week high point — that compares with a last trade of $7.70.

In Tuesday trading, Unity Bancorp, Inc. shares are currently trading flat on the day.
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