First US Bancshares, Inc. (NASDAQ:FUSB) Raises Dividend to $0.07 Per Share

First US Bancshares, Inc. (NASDAQ:FUSB) announced a quarterly dividend on Thursday, November 21st,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.07 per share by the financial services provider on Thursday, January 2nd. This represents a $0.28 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from First US Bancshares’s previous quarterly dividend of $0.05.

First US Bancshares has increased its dividend by an average of 18.6% annually over the last three years.

First US Bancshares Price Performance

Shares of NASDAQ FUSB traded up $0.38 during midday trading on Thursday, hitting $12.65. The company had a trading volume of 2,973 shares, compared to its average volume of 4,801. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11. First US Bancshares has a twelve month low of $8.66 and a twelve month high of $12.65. The business has a 50-day simple moving average of $11.62 and a two-hundred day simple moving average of $10.68. The firm has a market capitalization of $72.36 million, a price-to-earnings ratio of 8.76 and a beta of 0.91.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.