United Tennessee Bankshares, Inc. (OTCMKTS:UNTN) Raises Dividend to $0.62 Per Share

United Tennessee Bankshares, Inc. (OTCMKTS:UNTN) declared an annual dividend on Tuesday, February 25th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.62 per share on Wednesday, April 30th. This represents a dividend yield of 3.65%. The ex-dividend date of this dividend is Monday, March 31st. This is a 1.6% increase from United Tennessee Bankshares’s previous annual dividend of $0.61.

United Tennessee Bankshares Price Performance

Shares of United Tennessee Bankshares stock traded up $0.10 on Friday, hitting $17.34. 374 shares of the company’s stock traded hands, compared to its average volume of 1,262. The company has a fifty day moving average of $16.82 and a two-hundred day moving average of $16.56. United Tennessee Bankshares has a one year low of $15.68 and a one year high of $17.65. The company has a market capitalization of $12.90 million, a price-to-earnings ratio of 9.69 and a beta of 0.19.

United Tennessee Bankshares Company Profile

United Tennessee Bankshares, Inc operates as the holding company for Newport Federal Bank that provides various financial services to individuals and corporate customers. The company accepts interest-bearing checking, savings, NOW, passbook savings, money market, and individual retirement accounts, as well as certificates of deposit.