United Bancorp, Inc. (NASDAQ:UBCP) Declares Quarterly Dividend of $0.16

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United Bancorp, Inc. (NASDAQ:UBCP – Get Rating) announced a quarterly dividend on Thursday, April 21, Zacks reports. Shareholders of record on Friday June 10 will receive a dividend of 0.155 per share from the financial services provider on Friday June 17. This represents a dividend of $0.62 on an annualized basis and a yield of 3.35%. The ex-date of this dividend is Thursday, June 9.

United Bancorp has a dividend payout ratio of 33.0%, which means its dividend is sufficiently covered by earnings.

UBCP shares opened at $18.48 on Friday. The company has a market capitalization of $109.59 million, a P/E ratio of 11.41 and a beta of 0.42. The stock has a 50-day simple moving average of $17.71 and a 200-day simple moving average of $16.62. The company has a debt ratio of 0.33, a quick ratio of 0.86 and a current ratio of 0.86. United Bancorp has a fifty-two week low of $12.73 and a fifty-two week high of $20.83.

United Bancorp (NASDAQ:UBCP – Get Rating) last released quarterly earnings data on Wednesday, February 2. The financial services provider reported EPS of $0.41 for the quarter. The company had revenue of $6.99 million in the quarter. United Bancorp had a return on equity of 13.61% and a net margin of 31.08%.

Large investors have recently changed their positions in the stock. Morgan Stanley increased its position in United Bancorp shares by 49.5% during the third quarter. Morgan Stanley now owns 8,933 shares of the financial services provider valued at $128,000 after buying 2,958 additional shares in the last quarter. Northern Trust Corp bought a new position in shares of United Bancorp during the fourth quarter valued at around $170,000. Renaissance Technologies LLC increased its position in United Bancorp by 29.7% in the third quarter. Renaissance Technologies LLC now owns 20,500 shares of the financial services provider worth $293,000 after buying an additional 4,700 shares in the last quarter. BlackRock Inc. increased its position in United Bancorp by 3.5% in the fourth quarter. BlackRock Inc. now owns 21,158 shares of the financial services provider worth $352,000 after purchasing an additional 714 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in United Bancorp by 19.1% in the third quarter. Geode Capital Management LLC now owns 50,199 shares of the financial services provider worth $720,000 after buying 8,038 additional shares in the last quarter. 13.96% of the shares are currently held by institutional investors.

About United Bancorp (Get a rating)

United Bancorp, Inc operates as a bank holding company for Unified Bank which provides commercial and retail banking services in Ohio. It accepts demand, savings and term deposits, as well as the provision of commercial, commercial and residential real estate and consumer loans. As of December 31, 2021, the company operated through a network of banking offices in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas counties in Ohio, as well as Marshall counties. and Ohio in West Virginia and surrounding communities; and a loan production office in Wheeling, West Virginia.

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Dividend history for United Bancorp (NASDAQ:UBCP)



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