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

University Bancorp, Inc. (OTCMKTS:UNIB) declared a quarterly dividend on Wednesday, December 11th,NASDAQ Dividends reports. Shareholders of record on Thursday, January 2nd will be paid 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 is Thursday, January 2nd.

University Bancorp Price Performance

Shares of University Bancorp stock traded up $0.18 on Friday, reaching $17.00. The company had a trading volume of 2,100 shares, compared to its average volume of 201. The firm’s 50 day moving average price is $16.23 and its two-hundred day moving average price is $15.17. University Bancorp has a 52-week low of $12.94 and a 52-week high of $17.00.

About University Bancorp

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.