United Security Bancshares (NASDAQ:UBFO) Announces $0.12 Quarterly Dividend

United Security Bancshares (NASDAQ:UBFO) declared a quarterly dividend on Tuesday, September 24th, Zacks reports. Investors of record on Monday, October 7th will be given a dividend of 0.12 per share by the financial services provider on Wednesday, October 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date is Monday, October 7th.

United Security Bancshares has increased its dividend by an average of 1.5% annually over the last three years.

United Security Bancshares Price Performance

Shares of NASDAQ UBFO opened at $8.70 on Friday. The stock has a market cap of $150.64 million, a P/E ratio of 8.37 and a beta of 0.59. United Security Bancshares has a twelve month low of $6.82 and a twelve month high of $8.94. The stock has a 50 day moving average of $8.14 and a two-hundred day moving average of $7.64. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09.

United Security Bancshares (NASDAQ:UBFO) last announced its earnings results on Thursday, July 18th. The financial services provider reported $0.25 EPS for the quarter. The business had revenue of $13.04 million for the quarter. United Security Bancshares had a net margin of 26.73% and a return on equity of 14.48%.

Insiders Place Their Bets

In related news, Director Jagroop Gill purchased 140,384 shares of the firm’s stock in a transaction that occurred on Wednesday, July 24th. The stock was purchased at an average cost of $7.96 per share, with a total value of $1,117,456.64. Following the completion of the acquisition, the director now directly owns 1,220,051 shares in the company, valued at $9,711,605.96. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 20.10% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of United Security Bancshares in a report on Thursday, September 5th. They issued a “hold” rating for the company.

United Security Bancshares Company Profile

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.