United Bancorp, Inc. (NASDAQ:UBCP) Announces $0.18 Quarterly Dividend

United Bancorp, Inc. (NASDAQ:UBCP) announced a quarterly dividend on Thursday, April 18th, Zacks reports. Investors of record on Monday, June 10th will be given a dividend of 0.175 per share by the financial services provider on Thursday, June 20th. This represents a $0.70 annualized dividend and a dividend yield of 5.33%. The ex-dividend date is Monday, June 10th.

United Bancorp has increased its dividend payment by an average of 5.3% annually over the last three years and has increased its dividend every year for the last 1 years. United Bancorp has a dividend payout ratio of 38.4% meaning its dividend is sufficiently covered by earnings.

United Bancorp Stock Performance

UBCP stock opened at $13.14 on Friday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market cap of $74.90 million, a P/E ratio of 8.37 and a beta of 0.36. The firm has a 50 day simple moving average of $12.80 and a 200 day simple moving average of $11.91. United Bancorp has a 52 week low of $9.70 and a 52 week high of $15.50.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings results on Tuesday, February 6th. The financial services provider reported $0.42 EPS for the quarter. The business had revenue of $7.53 million during the quarter. United Bancorp had a net margin of 21.88% and a return on equity of 15.32%.

Institutional Trading of United Bancorp

A number of institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in United Bancorp by 2.3% in the first quarter. Dimensional Fund Advisors LP now owns 27,168 shares of the financial services provider’s stock valued at $490,000 after acquiring an additional 617 shares during the last quarter. Founders Financial Alliance LLC lifted its stake in United Bancorp by 4.3% in the fourth quarter. Founders Financial Alliance LLC now owns 18,486 shares of the financial services provider’s stock valued at $272,000 after acquiring an additional 762 shares during the last quarter. Advisor Group Holdings Inc. lifted its stake in United Bancorp by 0.9% in the fourth quarter. Advisor Group Holdings Inc. now owns 92,139 shares of the financial services provider’s stock valued at $1,357,000 after acquiring an additional 808 shares during the last quarter. Vanguard Group Inc. lifted its stake in United Bancorp by 8.9% in the third quarter. Vanguard Group Inc. now owns 74,929 shares of the financial services provider’s stock valued at $1,204,000 after acquiring an additional 6,101 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in United Bancorp by 82.8% in the fourth quarter. Northern Trust Corp now owns 19,508 shares of the financial services provider’s stock valued at $250,000 after acquiring an additional 8,835 shares during the last quarter. 15.42% of the stock is currently owned by institutional investors and hedge funds.

About United Bancorp

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans.