United Bancorp, Inc. (NASDAQ:UBCP) Declares Dividend Increase – $0.18 Per Share

United Bancorp, Inc. (NASDAQ:UBCP) announced a quarterly dividend on Friday, February 21st, Wall Street Journal reports. Shareholders of record on Monday, March 10th will be given a dividend of 0.1825 per share by the financial services provider on Thursday, March 20th. This represents a $0.73 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date is Monday, March 10th. This is an increase from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has increased its dividend payment by an average of 6.4% per year 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 45.0% meaning its dividend is sufficiently covered by earnings.

United Bancorp Trading Up 0.2 %

UBCP stock traded up $0.03 during trading on Friday, reaching $12.93. 2,544 shares of the stock traded hands, compared to its average volume of 4,118. The business’s 50 day moving average price is $13.00 and its 200-day moving average price is $12.83. United Bancorp has a 52-week low of $11.40 and a 52-week high of $15.50. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market capitalization of $74.84 million, a PE ratio of 10.18 and a beta of 0.40.

United Bancorp (NASDAQ:UBCP) last issued its earnings results on Friday, February 7th. The financial services provider reported $0.31 earnings per share for the quarter. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%.

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.