United Bancshares, Inc. (NASDAQ:UBOH) to Issue $0.22 Quarterly Dividend

United Bancshares, Inc. (NASDAQ:UBOH) announced a quarterly dividend on Thursday, January 23rd,RTT News reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.22 per share by the bank on Monday, March 17th. This represents a $0.88 annualized dividend and a dividend yield of 3.25%.

United Bancshares Stock Down 2.1 %

NASDAQ UBOH traded down $0.58 during mid-day trading on Thursday, hitting $27.10. The stock had a trading volume of 157 shares, compared to its average volume of 795. The company has a 50 day simple moving average of $25.66 and a 200 day simple moving average of $21.94. The company has a market cap of $80.22 million, a price-to-earnings ratio of 9.61 and a beta of 0.28. United Bancshares has a 52-week low of $18.28 and a 52-week high of $31.00.

United Bancshares Company Profile

United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.