United Bancorp, Inc. (UBCP) to Issue Quarterly Dividend of $0.18 on June 20th

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Thursday, April 18th, Zacks reports. Investors of record on Monday, June 10th will be paid 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 yield of 5.33%. The ex-dividend date is Monday, June 10th.

United Bancorp has raised its dividend by an average of 5.3% per year over the last three years and has raised 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

Shares of UBCP stock opened at $13.14 on Friday. United Bancorp has a one year low of $9.70 and a one year high of $15.50. 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 company has a 50 day moving average price of $12.80 and a 200 day moving average price of $11.91. The firm has a market capitalization of $74.90 million, a price-to-earnings ratio of 8.37 and a beta of 0.36.

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

Institutional Investors Weigh In On United Bancorp

Several institutional investors have recently bought and sold shares of UBCP. Northern Trust Corp purchased a new stake in United Bancorp during the second quarter worth approximately $130,000. State Street Corp purchased a new stake in United Bancorp during the second quarter worth approximately $167,000. HBK Sorce Advisory LLC purchased a new stake in United Bancorp during the first quarter worth approximately $261,000. Founders Financial Alliance LLC grew its stake in United Bancorp by 4.3% during the fourth quarter. Founders Financial Alliance LLC now owns 18,486 shares of the financial services provider’s stock worth $272,000 after buying an additional 762 shares during the period. Finally, BlackRock Inc. grew its stake in United Bancorp by 108.0% during the second quarter. BlackRock Inc. now owns 23,464 shares of the financial services provider’s stock worth $281,000 after buying an additional 12,184 shares during the period. 15.42% of the stock is currently owned by hedge funds and other institutional investors.

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.