United Tennessee Bankshares, Inc. (OTCMKTS:UNTN) Raises Dividend to $0.61 Per Share

United Tennessee Bankshares, Inc. (OTCMKTS:UNTN) announced an annual dividend on Thursday, February 22nd, NASDAQ reports. Shareholders of record on Friday, March 29th will be given a dividend of 0.61 per share on Tuesday, April 30th. This represents a yield of 3.25%. The ex-dividend date is Wednesday, March 27th. This is a positive change from United Tennessee Bankshares’s previous annual dividend of $0.57.

United Tennessee Bankshares Stock Performance

Shares of UNTN opened at $18.40 on Tuesday. The company has a 50-day moving average of $18.39 and a two-hundred day moving average of $18.27. United Tennessee Bankshares has a one year low of $16.00 and a one year high of $18.92.

United Tennessee Bankshares Company Profile

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.