United Security Bancshares (UBFO) To Go Ex-Dividend on April 7th

United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Wednesday, March 26th, RTT News reports. Stockholders of record on Monday, April 7th will be given a dividend of 0.12 per share by the financial services provider on Tuesday, April 22nd. This represents a $0.48 annualized dividend and a dividend yield of 5.25%. The ex-dividend date is Monday, April 7th.

United Security Bancshares has increased its dividend by an average of 2.9% annually over the last three years.

United Security Bancshares Stock Up 1.9 %

UBFO opened at $9.14 on Friday. United Security Bancshares has a fifty-two week low of $7.02 and a fifty-two week high of $10.49. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. The company’s 50-day moving average is $9.58 and its 200 day moving average is $9.36. The firm has a market capitalization of $158.33 million, a P/E ratio of 10.63 and a beta of 0.54.

United Security Bancshares (NASDAQ:UBFO) last announced its earnings results on Monday, January 27th. The financial services provider reported $0.15 earnings per share for the quarter. United Security Bancshares had a return on equity of 11.54% and a net margin of 22.58%.

Hedge Funds Weigh In On United Security Bancshares

An institutional investor recently raised its position in United Security Bancshares stock. Bank of America Corp DE boosted its stake in United Security Bancshares (NASDAQ:UBFO) by 1,292.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,648 shares of the financial services provider’s stock after acquiring an additional 3,386 shares during the period. Bank of America Corp DE’s holdings in United Security Bancshares were worth $37,000 as of its most recent filing with the SEC. 30.88% of the stock is currently owned by institutional investors and hedge funds.

United Security Bancshares Company Profile

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.