United Bancorp, Inc. (NASDAQ:UBCP) to Issue Quarterly Dividend of $0.19

United Bancorp, Inc. (NASDAQ:UBCP) announced a quarterly dividend on Thursday, February 19th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.1925 per share by the financial services provider on Friday, March 20th. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Tuesday, March 10th. This is a 1.3% increase from United Bancorp’s previous quarterly dividend of $0.19.

United Bancorp has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 13 years. United Bancorp has a dividend payout ratio of 49.0% meaning its dividend is sufficiently covered by earnings.

United Bancorp Stock Up 0.1%

Shares of NASDAQ:UBCP traded up $0.02 during midday trading on Friday, hitting $14.76. The stock had a trading volume of 2,428 shares, compared to its average volume of 3,575. The company has a market cap of $85.17 million, a P/E ratio of 11.02 and a beta of 0.39. United Bancorp has a 12 month low of $12.25 and a 12 month high of $15.64. The business’s 50-day simple moving average is $14.18 and its 200-day simple moving average is $13.84. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.49.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $0.35 EPS for the quarter. United Bancorp had a net margin of 16.32% and a return on equity of 12.44%. The firm had revenue of $8.89 million during the quarter.

About United Bancorp

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. United Bancorp, Inc was founded in 1902 and is headquartered in Martins Ferry, Ohio.