A director of Union Bankshares Inc. purchased 200 common shares of the company on Aug. 25, according to a regulatory filing. The transaction was valued at $4,760, based on a share price of $23.80.
Dawn D. Bugbee, a director at Union Bankshares, now holds 6,487 common shares directly. The company’s shares trade at a price-to-earnings ratio of 9.12 and offer a dividend yield of 6.13%, according to data cited by InvestingPro.
Union Bankshares has maintained dividend payments for 29 consecutive years. The stock’s valuation metrics suggest undervaluation relative to its fair value, according to the analysis platform.
