United Bancorp, Inc. (NASDAQ:UBCP) Increases Dividend to $0.18 Per Share

United Bancorp, Inc. (NASDAQ:UBCP) announced a quarterly dividend on Friday, February 21st, Wall Street Journal reports. Investors of record on Monday, March 10th will be given a dividend of 0.1825 per share by the financial services provider on Thursday, March 20th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has raised its dividend by an average of 6.4% annually over the last three years and has raised its dividend every year for the last 12 years. United Bancorp has a dividend payout ratio of 45.0% meaning its dividend is sufficiently covered by earnings.

United Bancorp Stock Up 0.8 %

Shares of NASDAQ UBCP opened at $13.00 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. The company has a market cap of $75.27 million, a P/E ratio of 10.24 and a beta of 0.40. United Bancorp has a 52 week low of $11.40 and a 52 week high of $15.50. The business has a 50-day simple moving average of $12.97 and a two-hundred day simple moving average of $12.84.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 EPS for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%.

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.