First US Bancshares, Inc. (NASDAQ:FUSB) Declares Dividend Increase – $0.07 Per Share

First US Bancshares, Inc. (NASDAQ:FUSB) announced a quarterly dividend on Thursday, November 21st,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.07 per share by the financial services provider on Thursday, January 2nd. This represents a $0.28 annualized dividend and a yield of 2.20%. The ex-dividend date is Friday, December 13th. This is an increase from First US Bancshares’s previous quarterly dividend of $0.05.

First US Bancshares has increased its dividend payment by an average of 18.6% per year over the last three years.

First US Bancshares Trading Up 0.4 %

Shares of FUSB stock opened at $12.70 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11. First US Bancshares has a 1 year low of $8.66 and a 1 year high of $12.70. The firm’s fifty day simple moving average is $11.65 and its 200 day simple moving average is $10.70. The firm has a market capitalization of $72.64 million, a P/E ratio of 9.07 and a beta of 0.91.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.