United Bancorp, Inc. (NASDAQ:UBCP) Announces Quarterly Dividend of $0.20

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Thursday, August 20th. Investors of record on Thursday, September 10th will be given a dividend of 0.1975 per share by the financial services provider on Friday, September 18th. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Thursday, September 10th. This is a 1.3% increase from United Bancorp’s previous quarterly dividend of $0.20.

United Bancorp has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 13 consecutive years. United Bancorp has a payout ratio of 50.3% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Price Performance

Shares of NASDAQ UBCP opened at $16.20 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $92.99 million, a price-to-earnings ratio of 11.74 and a beta of 0.34. The stock’s 50-day moving average is $15.71 and its two-hundred day moving average is $15.52. United Bancorp has a 1-year low of $12.47 and a 1-year high of $17.33.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings data on Friday, July 24th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter. United Bancorp had a return on equity of 11.53% and a net margin of 16.55%.The business had revenue of $8.62 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of United Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

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.