United Tennessee Bankshares, Inc. (OTCMKTS:UNTN) Raises Dividend to $0.62 Per Share

United Tennessee Bankshares, Inc. (OTCMKTS:UNTNGet Free Report) declared an annual dividend on Tuesday, February 25th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.62 per share on Wednesday, April 30th. This represents a yield of 3.65%. The ex-dividend date is Monday, March 31st. This is a 1.6% increase from United Tennessee Bankshares’s previous annual dividend of $0.61.

United Tennessee Bankshares Trading Up 0.6 %

Shares of UNTN stock traded up $0.10 on Friday, hitting $17.34. 374 shares of the stock were exchanged, compared to its average volume of 1,262. United Tennessee Bankshares has a fifty-two week low of $15.68 and a fifty-two week high of $17.65. The firm has a market capitalization of $12.90 million, a P/E ratio of 9.69 and a beta of 0.19. The business has a 50-day moving average of $16.82 and a 200 day moving average of $16.56.

About United Tennessee Bankshares

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United Tennessee Bankshares, Inc operates as the holding company for Newport Federal Bank that provides various financial services to individuals and corporate customers. The company accepts interest-bearing checking, savings, NOW, passbook savings, money market, and individual retirement accounts, as well as certificates of deposit.

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