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Morrisville, Vt.-based Union Bankshares ups dividend

Morrisville, Vt.-based Union Bankshares Inc.'s board declared a quarterly cash dividend of 31 cents per share, up 1 cent or 3.3% from the previous cash dividend of 30 cents.

The dividend is payable Feb. 7 to shareholders of record as of Jan. 28.

The company reported a net loss of $436,000 or 10 cents per share for the quarter ended Dec. 31, 2018, attributable to the termination of the company's defined benefit pension plan.