DIVIDEND ANNOUNCEMENT: United Tennessee Bankshares, Inc. (OTCBB:UNTN) on 02/17/2022 declared a dividend of $0.5800 per share

United Tennessee Bankshares, Inc. (OTCBB:UNTN) on 02/17/2022 declared a dividend of $ 0.5800 per share payable on April 29, 2022 to shareholders of record as of March 31, 2022. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

United Tennessee Bankshares, Inc. (OTCBB:UNTN) has paid dividends since 2007, has a current dividend yield of 2.1481480598% and has increased its dividends for 7 successive years.

United Tennessee Bankshares, Inc.'s market cap is $ 30,321,000 and has a PE ratio of 19.29. The stock price closed yesterday at $ 27.00 and has a 52 week low/high of $ 22.45 and $ 27.95.

United Tennessee Bankshares is a holding company. Through its subsidiary, Newport Federal Bank (the Bank), Co.'s principal business consists of accepting deposits from the general public through its main office and branch offices then investing those funds in loans secured by one-to-four-family residential properties located in its primary market area. The Bank also maintains a portfolio of investment securities in addition to originating a limited amount of commercial real estate loans and consumer loans. The Bank's primary deposit products are interest-bearing checking and savings accounts and certificates of deposit. Its main lending products are one-to-four family first mortgage loans.

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