United Bancorp, Inc. (NASDAQ:UBCP) to Issue Dividend Increase – $0.20 Per Share

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

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

United Bancorp Stock Performance

Shares of United Bancorp stock remained flat at $16.25 on Friday. The stock had a trading volume of 9,939 shares, compared to its average volume of 24,716. The company has a fifty day moving average of $15.49 and a 200 day moving average of $14.28. United Bancorp has a one year low of $12.25 and a one year high of $17.33. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $93.60 million, a price-to-earnings ratio of 12.13 and a beta of 0.34.

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

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.