Unity Bancorp, Inc.
UNTYFinancial Services · Stock · quarterly payer
Forward Yield
1.16%
Annual Dividend
$0.68
Payout Ratio
11%
5-Yr Growth
12.6%
Ex-Date
Sep 3, 2026
Frequency
Quarterly
Summary
As of September 2026, Unity Bancorp, Inc. (UNTY) yields 1.16% ($0.68 per share annually), with a blended fair-value estimate of $87.70 — +49% upside, so it screens as undervalued. Dividend safety grade: A (80/100). 12 years of dividend growth.
Is UNTY a good dividend stock?
YesUnity Bancorp, Inc. (UNTY) pays a quarterly dividend yielding 1.16% ($0.68/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Comfortable payout ratio (11%)
- Strong 12.6% 5-yr dividend growth
- 151% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2013
Key Data
- Dividend Yield
- 1.16%
- Payout Ratio
- 11%
- Annual Dividend
- $0.68
- 5-Yr Avg Growth
- 12.6%
- Ex-Dividend Date
- Sep 3, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.63
- Market Cap
- $591.6M
- P/E Ratio
- 10.2
- 5-Yr Total Return
- 151%
- 52-Week Range
- $44.34 – $62.50
- Dividend Safety
- A · 80/100
- Ever Cut?
- Yes (2013)
Frequently Asked Questions
UNTY Price — Last 12 Months
Daily close
Price Return
1 Year
+20%
3 Years
+151%
5 Years
+151%
52-Week Range
$44.34 – $62.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is UNTY worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Unity Bancorp, Inc. is $87.70 per share, versus a market price of $58.78. That implies 49% of upside — a margin of safety of about 33%.
Fair Value
$87.70
Current Price
$58.78
Upside
+49%
Margin of Safety
33%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 3.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.4% discount rate (CAPM), 3.5% stage-1 growth, 2.5% terminal growth, $5.78 EPS, $0.68 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
UNTY Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 3, 2026 | — | $0.1700 | regular |
| Jun 4, 2026 | — | $0.1600 | regular |
| Mar 6, 2026 | — | $0.1600 | regular |
| Dec 5, 2025 | — | $0.1500 | regular |
| Sep 5, 2025 | — | $0.1500 | regular |
| Jun 6, 2025 | — | $0.1400 | regular |
| Mar 14, 2025 | — | $0.1400 | regular |
| Dec 13, 2024 | — | $0.1300 | regular |
| Sep 6, 2024 | — | $0.1300 | regular |
| Jun 7, 2024 | — | $0.1300 | regular |
| Mar 14, 2024 | — | $0.1300 | regular |
| Dec 14, 2023 | — | $0.1200 | regular |
| Sep 7, 2023 | — | $0.1200 | regular |
| Jun 8, 2023 | — | $0.1200 | regular |
Income Calculator
At $0.68 / yr per share
