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Union Bank (Greenville, NC) Dividend Announcement

(OTCBB:UBNC), www.thelittlebank.com

DIVIDEND ANNOUNCEMENT: Union Bank (Greenville, NC) (OTCBB:UBNC) on 10/26/2018 declared a dividend of $0.0975 per share

October 26, 2018

Union Bank (Greenville, NC) (OTCBB:UBNC) on 10/26/2018 declared a dividend of $ 0.0975 per share payable on December 31, 2018 to shareholders of record as of December 14, 2018. Dividend amount recorded is an increase of $ 0.0075 from last dividend Paid.

Union Bank (Greenville, NC) (OTCBB:UBNC) has paid dividends since 2005, has a current dividend yield of 1.30% and has increased its dividends for 7 successive years.

The stock price closed yesterday at $ 15.40 and has a 52 week low/high of $ 15.31 and $ 21.36.

Union Bank is a chartered savings bank. Commercial and residential real estate secured loans are subject to underwriting similar to real estate construction loans. Commercial and industrial loans are primarily made based on identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower and tertiary, as applicable, the guarantors. Farm and agricultural lending primarily consists of crop loans and some land loans. Consumer loans primarily consist of home equity lines of credit. As of Dec 31 2016, Co. had total assets of $362.0 million and total deposits of $300.6 million.

For more information on Union Bank (Greenville, NC) click here.

Union Bank (Greenville, NC) current dividend information as per the date of this press release is:
Dividend Declaration Date: October 26, 2018
Dividend Ex Date: December 13, 2018
Dividend Record Date: December 14, 2018
Dividend Payment Date: December 31, 2018
Dividend Amount: $ 0.0975
 
 

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