United Bancorp, Inc. (NASDAQ:UBCP) Plans Quarterly Dividend of $0.20

United Bancorp, Inc. (NASDAQ:UBCP) announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Wednesday, June 10th will be paid a dividend of 0.195 per share by the financial services provider on Friday, June 19th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Wednesday, June 10th. This is a 1.3% increase from United Bancorp’s previous quarterly dividend of $0.19.

United Bancorp has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 13 consecutive years. United Bancorp has a payout ratio of 49.7% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Stock Performance

Shares of UBCP opened at $16.25 on Friday. The firm’s 50 day moving average price is $15.49 and its two-hundred day moving average price is $14.28. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.80 and a current ratio of 0.80. United Bancorp has a twelve month low of $12.25 and a twelve month high of $17.33. The firm has a market cap of $93.60 million, a P/E ratio of 12.13 and a beta of 0.34.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Tuesday, February 3rd. The financial services provider reported $0.35 EPS for the quarter. The business had revenue of $8.19 million for the quarter. United Bancorp had a net margin of 16.32% and a return on equity of 12.05%.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Bancorp in a research note on Monday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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. United Bancorp, Inc was founded in 1902 and is headquartered in Martins Ferry, Ohio.