United Security Bancshares (NASDAQ:UBFO) Declares $0.12 Quarterly Dividend

United Security Bancshares (NASDAQ:UBFO) declared a quarterly dividend on Wednesday, March 26th, RTT News reports. Stockholders of record on Monday, April 7th will be paid a dividend of 0.12 per share by the financial services provider on Tuesday, April 22nd. This represents a $0.48 annualized dividend and a dividend yield of 5.35%.

United Security Bancshares has increased its dividend by an average of 2.9% annually over the last three years.

United Security Bancshares Trading Down 0.2 %

Shares of UBFO stock traded down $0.02 during trading on Wednesday, hitting $8.97. 14,956 shares of the stock traded hands, compared to its average volume of 26,145. United Security Bancshares has a 52-week low of $7.02 and a 52-week high of $10.49. The firm has a market capitalization of $155.39 million, a P/E ratio of 10.43 and a beta of 0.54. The firm’s fifty day moving average price is $9.61 and its 200-day moving average price is $9.37. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92.

United Security Bancshares (NASDAQ:UBFO) last posted its earnings results on Monday, January 27th. The financial services provider reported $0.15 EPS for the quarter. United Security Bancshares had a return on equity of 11.54% and a net margin of 22.58%.

Institutional Trading of United Security Bancshares

An institutional investor recently raised its position in United Security Bancshares stock. Bank of America Corp DE grew its holdings in United Security Bancshares (NASDAQ:UBFO) by 1,292.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,648 shares of the financial services provider’s stock after acquiring an additional 3,386 shares during the period. Bank of America Corp DE’s holdings in United Security Bancshares were worth $37,000 as of its most recent filing with the Securities & Exchange Commission. 30.88% of the stock is owned by hedge funds and other institutional investors.

United Security Bancshares Company Profile

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.