United Tennessee Bankshares (OTCMKTS:UNTN) Issues Quarterly Earnings Results

United Tennessee Bankshares (OTCMKTS:UNTN) released its quarterly earnings data on Friday. The company reported $0.56 EPS for the quarter, Zacks reports.

United Tennessee Bankshares Price Performance

UNTN opened at $16.45 on Friday. The company has a market capitalization of $12.26 million, a PE ratio of 9.19 and a beta of -0.07. The business has a fifty day simple moving average of $16.82 and a 200 day simple moving average of $16.55. United Tennessee Bankshares has a 1 year low of $15.68 and a 1 year high of $17.65.

United Tennessee Bankshares Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a dividend of $0.62 per share. The ex-dividend date is Monday, March 31st. This is an increase from United Tennessee Bankshares’s previous annual dividend of $0.61. This represents a yield of 3.65%. United Tennessee Bankshares’s dividend payout ratio (DPR) is 38.04%.

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.