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

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Thursday, November 20th. Investors of record on Wednesday, December 10th will be paid a dividend of 0.19 per share by the financial services provider on Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Wednesday, December 10th. This is a 1.3% increase from United Bancorp’s previous quarterly dividend of $0.19.

United Bancorp has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 13 years. United Bancorp has a dividend payout ratio of 48.4% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Trading Down 0.7%

UBCP stock traded down $0.10 during trading on Friday, reaching $12.98. The company had a trading volume of 2,355 shares, compared to its average volume of 4,685. United Bancorp has a 52 week low of $12.25 and a 52 week high of $15.64. The company has a market cap of $74.92 million, a P/E ratio of 10.22 and a beta of 0.43. The business has a 50 day moving average of $13.31 and a 200 day moving average of $13.73. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.81 and a quick ratio of 0.81.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Friday, November 7th. The financial services provider reported $0.34 earnings per share for the quarter. United Bancorp had a return on equity of 11.96% and a net margin of 16.44%.The business had revenue of $8.08 million for the quarter.

About United Bancorp

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.