United Bancorp, Inc. (NASDAQ:UBCP) Increases Dividend to $0.19 Per Share

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Monday, April 21st, Wall Street Journal reports. Shareholders of record on Tuesday, June 10th will be given a dividend of 0.185 per share by the financial services provider on Friday, June 20th. This represents a $0.74 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend is Tuesday, June 10th. This is a 1.4% increase from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has raised its dividend by an average of 6.4% annually over the last three years and has raised its dividend annually for the last 13 consecutive years. United Bancorp has a dividend payout ratio of 42.4% meaning its dividend is sufficiently covered by earnings.

United Bancorp Stock Up 1.7 %

Shares of NASDAQ UBCP opened at $13.35 on Monday. 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’s 50-day moving average is $13.11 and its two-hundred day moving average is $13.10. United Bancorp has a 12-month low of $11.40 and a 12-month high of $14.78. The company has a market capitalization of $79.64 million, a PE ratio of 10.51 and a beta of 0.23.

United Bancorp (NASDAQ:UBCP) last announced its earnings results on Friday, February 7th. The financial services provider reported $0.31 EPS 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.