SmarterDividends
UNTY

Unity Bancorp, Inc.

UNTY

Financial Services · Stock · quarterly payer

Forward Yield

1.15%

Annual Dividend

$0.62

Payout Ratio

10%

5-Yr Growth

12.6%

Ex-Date

Jun 4, 2026

Frequency

Quarterly

UNTY Dividend Safety Score

83/ 100
Grade A

Very Safe

Dividend-growth streak12 consecutive years of growth
Cut historyCut its dividend in 2013
Earnings payout coverage10% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is UNTY a good dividend stock?

Yes

Unity Bancorp, Inc. (UNTY) pays a quarterly dividend yielding 1.15% ($0.62/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 12 consecutive years of dividend growth
  • Comfortable payout ratio (10%)
  • Strong 12.6% 5-yr dividend growth
  • 146% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2013

Key Data

Dividend Yield
1.15%
Payout Ratio
10%
Annual Dividend
$0.62
5-Yr Avg Growth
12.6%
Ex-Dividend Date
Jun 4, 2026
Years of Growth
12
Frequency
quarterly
Beta
0.64
Market Cap
$539.4M
P/E Ratio
9.0
5-Yr Total Return
146%
52-Week Range
$41.67 – $57.30
Dividend Safety
A · 83/100
Ever Cut?
Yes (2013)
UNTY ex-dividend date & scheduleNext ex-date Jun 4, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.62 / yr per share

Per payment (quarterly)$15.50
Annual$62.00
Monthly avg$5.17