University Bancorp, Inc. (OTCMKTS:UNIB) Announces $0.20 Quarterly Dividend

University Bancorp, Inc. (OTCMKTS:UNIB) announced a quarterly dividend on Wednesday, December 11th,NASDAQ Dividends reports. Shareholders of record on Thursday, January 2nd will be given a dividend of 0.20 per share on Friday, January 17th. This represents a $0.80 annualized dividend and a yield of 4.71%. The ex-dividend date of this dividend is Thursday, January 2nd.

University Bancorp Stock Performance

Shares of UNIB remained flat at $17.00 during midday trading on Friday. University Bancorp has a 1 year low of $12.94 and a 1 year high of $17.00. The firm’s fifty day simple moving average is $16.23 and its 200 day simple moving average is $15.17.

University Bancorp Company Profile

University Bancorp, Inc operates as the bank holding company for University Bank that provides various personal, business, and community banking services in the United States. It offers checking, NOW, savings, money market, time deposit, and certificates of deposit accounts. The company's consumer loans include home equity, short term, automobile, personal, and recreational vehicle loans, as well as home equity lines of credits; SBA, commercial real estate, equipment, home improvement, and other instalment loans; and non-profit loans, as well as working capital lines of credit.