United Bancorp, Inc. (UBCP) To Go Ex-Dividend on September 10th

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Wednesday, August 21st, Wall Street Journal reports. Stockholders of record on Tuesday, September 10th will be paid a dividend of 0.1775 per share by the financial services provider on Friday, September 20th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date is Tuesday, September 10th. This is an increase from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has raised its dividend by an average of 5.3% annually over the last three years and has raised its dividend annually for the last 12 consecutive years. United Bancorp has a dividend payout ratio of 41.0% meaning its dividend is sufficiently covered by earnings.

United Bancorp Trading Up 4.4 %

Shares of UBCP stock opened at $12.63 on Friday. The firm has a market capitalization of $75.20 million, a P/E ratio of 7.94 and a beta of 0.41. United Bancorp has a 1 year low of $9.70 and a 1 year high of $15.50. The firm’s fifty day simple moving average is $12.21 and its 200 day simple moving average is $12.50. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.63.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $7.39 million for the quarter. United Bancorp had a net margin of 19.85% and a return on equity of 14.19%.

Insider Activity at United Bancorp

In other news, CEO Scott A. Everson acquired 2,092 shares of United Bancorp stock in a transaction on Friday, June 21st. The stock was bought at an average price of $12.33 per share, for a total transaction of $25,794.36. Following the transaction, the chief executive officer now owns 159,051 shares of the company’s stock, valued at $1,961,098.83. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have bought 4,310 shares of company stock worth $53,044 over the last three months. Company insiders own 11.71% of the company’s stock.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.