United Bancorp, Inc. (UBCP) to Issue Quarterly Dividend of $0.20 on June 19th

United Bancorp, Inc. (NASDAQ:UBCP) announced a quarterly dividend on Wednesday, April 22nd. Investors of record on Wednesday, June 10th will be paid a dividend of 0.195 per share by the financial services provider on Friday, June 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Wednesday, June 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 raised its dividend every year for the last 13 years. United Bancorp has a dividend payout ratio of 49.7% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Stock Performance

Shares of NASDAQ:UBCP traded down $0.02 during trading on Friday, reaching $16.23. 1,243 shares of the company’s stock traded hands, compared to its average volume of 10,425. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.80 and a quick ratio of 0.80. United Bancorp has a 12 month low of $12.25 and a 12 month high of $17.33. The company has a 50 day moving average of $15.49 and a 200-day moving average of $14.28. The stock has a market capitalization of $93.48 million, a P/E ratio of 12.11 and a beta of 0.34.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings data on Tuesday, February 3rd. The financial services provider reported $0.35 earnings per share for the quarter. United Bancorp had a net margin of 16.32% and a return on equity of 12.05%. The business had revenue of $8.19 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.