United Bancorp, Inc. (UBCP) To Go Ex-Dividend on March 10th

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Friday, February 21st, Wall Street Journal reports. Stockholders of record on Monday, March 10th will be paid a dividend of 0.1825 per share by the financial services provider on Thursday, March 20th. This represents a $0.73 annualized dividend and a dividend yield of 5.62%. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has increased its dividend payment by an average of 6.4% per year over the last three years and has raised its dividend annually for the last 12 consecutive years. United Bancorp has a payout ratio of 45.0% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Stock Performance

Shares of UBCP stock opened at $13.00 on Friday. The firm’s 50 day moving average price is $12.97 and its 200-day moving average price is $12.84. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. United Bancorp has a one year low of $11.40 and a one year high of $15.50. The firm has a market cap of $75.26 million, a P/E ratio of 10.24 and a beta of 0.40.

United Bancorp (NASDAQ:UBCP) last issued its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.31 EPS for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%.

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.