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

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Thursday, February 19th. Investors of record on Tuesday, March 10th will be paid a dividend of 0.1925 per share by the financial services provider on Friday, March 20th. This represents a c) dividend on an annualized basis and a 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 raised its dividend payment 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 49.0% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Stock Up 0.1%

UBCP traded up $0.02 during trading on Friday, hitting $14.76. 974 shares of the company’s stock traded hands, compared to its average volume of 3,541. The company’s 50 day simple moving average is $14.18 and its two-hundred day simple moving average is $13.84. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.49. United Bancorp has a 12-month low of $12.25 and a 12-month high of $15.64. The stock has a market capitalization of $85.17 million, a price-to-earnings ratio of 11.02 and a beta of 0.39.

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

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of United Bancorp in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

United Bancorp Company Profile

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.