What is the total return of UNTY over the past year?
Unity Bancorp, Inc. (UNTY) delivered a total return of 21.24% over the past year when dividends are reinvested. The price-only return was 19.76%, meaning dividends contributed an additional 1.48 percentage points to total returns.
How much would $10,000 invested in UNTY be worth today?
A $10,000 investment in Unity Bancorp, Inc. one year ago would be worth $12,124 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $11,976. Dividend reinvestment added $148 to the portfolio value.
Does UNTY pay dividends?
Yes, Unity Bancorp, Inc. (UNTY) pays dividends. Over the past year, UNTY paid 4 dividends totaling $0.5800 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.