United Bancshares, Inc. (NASDAQ:UBOH) Raises Dividend to $0.23 Per Share

United Bancshares, Inc. (NASDAQ:UBOH) declared a quarterly dividend on Thursday, April 17th, RTT News reports. Shareholders of record on Wednesday, April 30th will be paid a dividend of 0.23 per share by the bank on Monday, June 16th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.76%. This is a 4.5% increase from United Bancshares’s previous quarterly dividend of $0.22.

United Bancshares Stock Performance

Shares of UBOH remained flat at $24.49 during mid-day trading on Thursday. The stock had a trading volume of 1,356 shares, compared to its average volume of 1,549. The stock has a market capitalization of $72.98 million, a P/E ratio of 7.98 and a beta of 0.03. United Bancshares has a one year low of $18.28 and a one year high of $31.00. The company’s fifty day moving average price is $27.47 and its two-hundred day moving average price is $25.41.

United Bancshares Company Profile

United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.