SmarterDividends
UNTY

Unity Bancorp, Inc.

UNTY

Financial Services · Banks - Regional · Stock · quarterly payer

$56.40

Undervalued · +113% Add to Portfolio

Forward Yield

1.21%

Annual Dividend

$0.68

Payout Ratio

11%

5-Yr Growth

12.6%

Ex-Date

Sep 3, 2026

Frequency

Quarterly

Key facts about UNTY's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 19, 2026, Unity Bancorp, Inc. (UNTY) has a forward dividend yield of 1.21%, based on an annual dividend of $0.68 per share and a share price of $56.40.
  • As of Oct 19, 2026, UNTY's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Unity Bancorp, Inc. (UNTY) has raised its dividend for 12 consecutive years as of Oct 19, 2026.
  • UNTY last cut its regular dividend in 2013.
  • UNTY's most recent ex-dividend date was Sep 3, 2026, for a dividend of $0.17 per share.
  • As of Oct 19, 2026, UNTY pays out 11% of its trailing 12-month earnings as dividends (its payout ratio).
  • UNTY's dividend has grown at an average rate of 12.6% a year over the past five years.
  • As of Oct 19, 2026, UNTY's 1.21% yield is 23% below its five-year average yield of 1.56%.
  • As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for UNTY is $119.96 per share, 113% above the $56.40 share price, so UNTY screens as undervalued.
  • Unity Bancorp, Inc. (UNTY) pays its dividend quarterly, 4 times a year.
  • Unity Bancorp, Inc. (UNTY) has raised its regular dividend 26 times and cut it 1 time across the 86 payments on record since 1997. Its most recent change was a 6.3% increase to $0.170 per share, going ex-dividend on Sep 3, 2026. The last cut went ex-dividend on Oct 28, 1998.
  • Unity Bancorp (UNTY) has declared its first higher dividend of the year in February in 3 of the last 5 years; its most recent raise, 6.3%, was declared on Aug 20, 2026.
Cite this page

SmarterDividends, "UNTY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/UNTY

Summary

As of Oct 19, 2026, Unity Bancorp, Inc. (UNTY) yields 1.21% ($0.68 a year per share), has a dividend safety grade of A (82/100) and has 12 consecutive years of dividend increases on record.

Is UNTY a good dividend stock?

Yes

Unity Bancorp, Inc. (UNTY) pays a quarterly dividend yielding 1.21% ($0.68/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 (11%)
  • Strong 12.6% 5-yr dividend growth
  • 117% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2013

Key Data

Dividend Yield
1.21%
Payout Ratio
11%
Annual Dividend
$0.68
5-Yr Avg Growth
12.6%
Ex-Dividend Date
Sep 3, 2026
Years of Growth
12
Frequency
quarterly
Beta
0.65
Market Cap
$567.8M
P/E Ratio
9.3
5-Yr Total Return
117%
52-Week Range
$44.34 – $62.50
Dividend Safety
A · 82/100
Ever Cut?
Yes (2013)

UNTY dividend raises and cuts

Unity Bancorp, Inc. (UNTY) has raised its regular dividend 26 times and cut it 1 time across the 86 payments on record since 1997. Its most recent change was a 6.3% increase to $0.170 per share, going ex-dividend on Sep 3, 2026. The last cut went ex-dividend on Oct 28, 1998.

Ex-dateChangeOld → newMove
Sep 3, 2026Raise$0.160 → $0.170+6.3%
Mar 6, 2026Raise$0.150 → $0.160+6.7%
Sep 5, 2025Raise$0.140 → $0.150+7.1%
Mar 14, 2025Raise$0.130 → $0.140+7.7%
Mar 14, 2024Raise$0.120 → $0.130+8.3%
Mar 9, 2023Raise$0.110 → $0.120+9.1%
Jun 9, 2022Raise$0.100 → $0.110+10.0%
Dec 16, 2021Raise$0.0900 → $0.100+11.1%
Jun 10, 2021Raise$0.0800 → $0.0900+12.5%
Jun 13, 2019Raise$0.0700 → $0.0800+14.3%
Jun 14, 2018Raise$0.0600 → $0.0700+16.7%
Jun 13, 2017Raise$0.0500 → $0.0600+20.0%
Show all 27 changes since 1998
Ex-dateChangeOld → newMove
Dec 14, 2016Raise$0.0455 → $0.0500+10.0%
Sep 9, 2016Raise$0.0364 → $0.0455+25.0%
Sep 11, 2015Raise$0.0273 → $0.0364+33.3%
Sep 10, 2014Raise$0.0182 → $0.0273+50.0%
Mar 13, 2014Raise$0.0091 → $0.0182+100.0%
Jul 9, 2008Raise$0.0433 → $0.0455+5.0%
Jul 11, 2007Raise$0.0412 → $0.0433+5.0%
Jul 12, 2006Raise$0.0393 → $0.0412+5.0%
Jul 13, 2005Raise$0.0299 → $0.0393+31.3%
Jul 13, 2004Raise$0.0285 → $0.0299+5.0%
Apr 13, 2004Raise$0.0214 → $0.0285+33.3%
May 6, 1999Raise$0.0339 → $0.0407+20.0%
Feb 3, 1999Raise$0.0326 → $0.0339+4.2%
Dec 17, 1998Raise$0.0207 → $0.0326+57.5%
Oct 28, 1998Cut$0.0215 → $0.0207−4.0%
Every UNTY payment →Download every raise and cut (CSV)
UNTY ex-dividend date & scheduleNext ex-date Sep 3, 2026 · full ex-dividend historyView →UNTY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is UNTY a good dividend stock?

Yes. Unity Bancorp, Inc. (UNTY) pays a quarterly dividend yielding 1.21% ($0.68/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.

Is UNTY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UNTY's fair value is about $119.96 versus a $56.40 share price — so it looks undervalued (+113% vs. fair value).

Is UNTY's dividend safe?

UNTY has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a dividend cut in 2013, debt and yield-versus-history.

What is UNTY's fair value?

Our blended fair-value estimate for UNTY is about $119.96 per share, roughly 113% above the current $56.40 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is UNTY a buy, hold, or sell?

We don't issue formal ratings, but on the data UNTY screens as "yes" and undervalued. Unity Bancorp, Inc. (UNTY) pays a quarterly dividend yielding 1.21% ($0.68/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. This is research for your own analysis, not investment advice.

Will UNTY cut its dividend?

UNTY earns a dividend-safety grade of A (82/100), and has cut its dividend before (last in 2013). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does UNTY pay a dividend?

Yes. Unity Bancorp, Inc. pays a quarterly dividend of about $0.68 per share annually, a forward yield of roughly 1.21%.

What is UNTY's dividend yield?

As of Oct 19, 2026, UNTY's forward dividend yield is 1.21%, based on a $0.68 annual dividend and a $56.40 share price.

What is UNTY's dividend per share?

As of Oct 19, 2026, UNTY pays $0.68 per share per year, distributed on a quarterly basis.

What is UNTY's dividend payout ratio?

As of Oct 19, 2026, UNTY's payout ratio is 11% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has UNTY grown its dividend?

As of Oct 19, 2026, UNTY has increased its dividend for 12 consecutive years.

When is the next UNTY ex-dividend date?

As of Oct 19, 2026, UNTY's next ex-dividend date hasn't been announced. The most recent was Sep 3, 2026, for $0.17 per share.

UNTY Dividend News

UNTY
IncreaseUNTY·Sep 4, 2026

Unity Bancorp Raises Quarterly Dividend 6.25% to $0.17

Unity Bancorp increased its quarterly dividend to $0.17 per share, extending its dividend-growth streak to 12 consecutive years.

Income Calculator

At $0.68 / yr per share

Per payment (quarterly)$17.00
Annual$68.00
Monthly avg$5.67

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