United Bancshares, Inc. (NASDAQ:UBOH) Increases Dividend to $0.23 Per Share

United Bancshares, Inc. (NASDAQ:UBOH) declared a quarterly dividend on Thursday, April 17th, RTT News reports. Stockholders of record on Wednesday, April 30th will be given a dividend of 0.23 per share by the bank on Monday, June 16th. This represents a $0.92 annualized dividend and a dividend yield of 3.76%. This is a 4.5% increase from United Bancshares’s previous quarterly dividend of $0.22.

United Bancshares Price Performance

NASDAQ UBOH remained flat at $24.49 on Thursday. 1,356 shares of the company’s stock traded hands, compared to its average volume of 1,549. United Bancshares has a 12-month low of $18.28 and a 12-month high of $31.00. The company has a market cap of $72.98 million, a P/E ratio of 7.98 and a beta of 0.03. The business’s 50-day moving average price is $27.47 and its 200-day moving average price is $25.41.

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.