as the day concludes union bankshares unb is preparing to distribute a dividend payout of 036 per share resulting in an annualized dividend yield of 652 this payout is exclusive to investors who held the stock before the exdividend date on july 27 2023 union banksharess dividend yield falls in the middle range when compared to its industry peers with territorial bancorp tbnk having the highest annualized dividend yield at 824 companies that pay out steady cash dividends are attractive to incomeseeking investors and companies that are financially healthy tend to maintain their dividend payout schedule for this reason investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing investors witnessed an upward trajectory in the companys dividend per share between 2019 and 2022 the dividend per share rose from 124 to 140 indicating the companys dedication to enhancing shareholder value through increased dividends the earnings chart illustrates an increase in union banksharess earnings per share from 262 in 2019 to 280 in 2022 this positive earnings growth provides incomeseeking investors with optimism as it suggests potential for higher cash dividend payouts in the future this article delves into the recent dividend payout of union bankshares and its implications for shareholders presently the company is distributing a dividend of 036 per share leading to an annualized dividend yield of 652 union banksharess dividend yield falls in the middle range when compared to its industry peers with territorial bancorp having the highest annualized dividend yield at 824 the increase in both dividend per share and earnings per share from 2019 to 2022 for union bankshares indicates a positive financial trend suggesting their capacity to continue distributing profits to shareholders it is advisable for investors to monitor the companys performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements to read more news on union bankshares click here click here to visit our dividends calendar this article was generated by benzingas automated content engine and reviewed by an editor