United Tennessee Bankshares, Inc. (UNTN) to Issue Annual Dividend of $0.62 on April 30th

United Tennessee Bankshares, Inc. (OTCMKTS:UNTN) announced an annual dividend on Tuesday, February 25th, NASDAQ Dividends reports. Shareholders 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 of this dividend is Monday, March 31st. This is a 1.6% increase from United Tennessee Bankshares’s previous annual dividend of $0.61.

United Tennessee Bankshares Stock Up 0.6 %

Shares of UNTN traded up $0.10 during trading on Friday, reaching $17.34. The company’s stock had a trading volume of 374 shares, compared to its average volume of 1,262. The company has a market cap of $12.90 million, a price-to-earnings ratio of 9.69 and a beta of 0.19. The company has a fifty day moving average of $16.82 and a two-hundred day moving average of $16.56. United Tennessee Bankshares has a twelve month low of $15.68 and a twelve month high of $17.65.

About United Tennessee Bankshares

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.