United Bancorp, Inc. (UBCP) to Issue Quarterly Dividend of $0.19 on March 20th

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Wednesday, February 18th. Investors of record on Tuesday, March 10th will be given a dividend of 0.1925 per share by the financial services provider on Friday, March 20th. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Tuesday, March 10th. This is a 1.3% increase from United Bancorp’s previous quarterly dividend of $0.19.

United Bancorp has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 13 consecutive years. United Bancorp has a dividend payout ratio of 49.0% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Trading Down 1.3%

Shares of United Bancorp stock traded down $0.19 during trading on Friday, hitting $14.56. The stock had a trading volume of 3,204 shares, compared to its average volume of 3,607. United Bancorp has a 1 year low of $12.25 and a 1 year high of $15.64. The stock has a 50 day simple moving average of $14.18 and a 200 day simple moving average of $13.84. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.49. The company has a market capitalization of $84.04 million, a PE ratio of 10.86 and a beta of 0.39.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings results 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 12.44% and a net margin of 16.32%.The business had revenue of $6.89 million during the quarter.

Institutional Trading of United Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new position in shares of United Bancorp in the second quarter worth $43,000. Raymond James Financial Inc. bought a new position in United Bancorp in the 2nd quarter worth about $64,000. Osaic Holdings Inc. increased its stake in United Bancorp by 82.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 1,371 shares during the last quarter. Commonwealth Financial Services LLC raised its holdings in shares of United Bancorp by 1.2% in the 3rd quarter. Commonwealth Financial Services LLC now owns 85,379 shares of the financial services provider’s stock valued at $1,193,000 after acquiring an additional 1,023 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of United Bancorp by 8.7% during the 3rd quarter. Vanguard Group Inc. now owns 95,346 shares of the financial services provider’s stock valued at $1,332,000 after acquiring an additional 7,605 shares during the last quarter. 15.42% of the stock is owned by institutional investors.

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. United Bancorp, Inc was founded in 1902 and is headquartered in Martins Ferry, Ohio.