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Union Bankshares (Union Bankshares) 3-Year Dividend Growth Rate : 4.00% (As of Dec. 2023)


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What is Union Bankshares 3-Year Dividend Growth Rate?

Union Bankshares's Dividends per Share for the three months ended in Dec. 2023 was $0.36.

The historical rank and industry rank for Union Bankshares's 3-Year Dividend Growth Rate or its related term are showing as below:

UNB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -3.7   Med: 3.6   Max: 18.8
Current: 4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Union Bankshares was 18.80% per year. The lowest was -3.70% per year. And the median was 3.60% per year.

UNB's 3-Year Dividend Growth Rate is ranked worse than
67.48% of 775 companies
in the Banks industry
Industry Median: 7.4 vs UNB: 4.00

During the past 12 months, Union Bankshares's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Union Bankshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.53. As of today, Union Bankshares's Dividend Yield % is 5.12%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Union Bankshares's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Union Bankshares's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Union Bankshares's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Union Bankshares's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Union Bankshares's 3-Year Dividend Growth Rate falls into.



Union Bankshares 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Union Bankshares  (NAS:UNB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Union Bankshares's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.36/ 0.68
=0.53

During the past 13 years, the highest Dividend Payout Ratio of Union Bankshares was 0.76. The lowest was 0.45. And the median was 0.58.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Union Bankshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3602024-04-252024-04-272024-05-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.3602024-01-252024-01-272024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3602023-10-262023-10-282023-11-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.3602023-07-272023-07-292023-08-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Union Bankshares's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.44/28.11
=5.12 %

Current Share Price is $28.11.
Union Bankshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.44.

During the past 13 years, the highest Dividend Yield of Union Bankshares was 7.38%. The lowest was 2.11%. And the median was 4.13%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Union Bankshares 3-Year Dividend Growth Rate Related Terms>


Union Bankshares (Union Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
20 Lower Main Street, P.O. Box 667, Morrisville, VT, USA, 05661-0667
Union Bankshares Inc operates as a community bank in the financial services industry. It offers retail and commercial banking services to its customers through its branches, ATMs, telebanking, and internet banking systems. The company provides retail banking services to individuals and commercial banking services to small and medium-sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts within its market area. In addition, it also offers fiduciary and asset management services through its Asset Management Group. Geographically, all the business activity is functioned through the US.
Executives
Patricia N Hogan other: Officer of Union Bank 11 OLD ROUTE 15, CAMBRIDGE VT 05444
Dawn D Bugbee director 313 WEST SHORE ROAD, SOUTH HERO VT 05486
David Scott Silverman director, officer: President & CEO 153 LAZY LANE, MORRISVILLE VT 05661
Mary K Parent director 144 PLEASANT STREET, SAINT JOHNSBURY VT 05819
Nancy C Putnam director 413 JEFF HEIGHTS ROAD, JEFFERSONVILLE VT 05464
Van Dyke Cornelius John director P.O. BOX 1090, STOWE VT 05672-1090
Vincent W Schoenig other: Officer of Union Bank 75 FENIMORE STREET 2, MORRISVILLE VT 05661
Janet P Spitler other: Director of Union Bank 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
Gregory D Sargent director 15 CEDAR HILL DRIVE, ST. ALBANS VT 05478
Stephen H Kendall other: Officer of Union Bank 254 BIRCH ROAD, SHELBURNE VT 05482
Jonathan Jay Gould other: Officer of Union Bank 18 HUNT ROAD, BRISTOL NH 03222
Robert D Hofmann other: Officer of Union Bank 223 SNOW HILL ROAD, WATERBURY CENTER VT 05677
Carrie R Locklin other: Officer of Union Bank 388 WEST HILL ROAD, ST. JOHNSBURY VT 05819
Lura L Jacques other: Officer of Union Bank 1360 PIDGEON HILL ROAD, FRANKLIN VT 05457
Joel S Bourassa director PO BOX 568, NORTH WOODSTOCK NH 032620568