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

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Wednesday, February 19th, Wall Street Journal reports. Stockholders of record on Monday, March 10th will be paid 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 5.35%. The ex-dividend date is Monday, March 10th. This is a 1.4% increase from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has increased its dividend by an average of 6.4% 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 42.4% meaning its dividend is sufficiently covered by earnings.

United Bancorp Stock Performance

Shares of UBCP stock opened at $13.65 on Friday. The company’s fifty day simple moving average is $13.07 and its 200-day simple moving average is $12.94. United Bancorp has a 52 week low of $11.40 and a 52 week high of $15.50. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51. The company has a market cap of $79.02 million, a PE ratio of 10.75 and a beta of 0.38.

United Bancorp (NASDAQ:UBCP) last released its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 earnings per share (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.