OREANDA-NEWS. August 29, 2016. Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a 25 percent increase in its cash dividend from \\$0.04 per common share to \\$0.05 per common share.  Such dividend is payable on September 29, 2016, to shareholders of record as of September 13, 2016.

In addition the Board of Directors declared a 10 percent stock dividend payable on September 30, 2016 to shareholders of record as of September 15, 2016.

James A. Hughes, President and CEO stated, “Unity’s 25th anniversary is September 13th and the Board of Directors and Management wish to reward its loyal shareholders with a larger dividend payment.”