United Bancorp, Inc. (NASDAQ:UBCP) to Issue Quarterly Dividend of $0.18

United Bancorp, Inc. (NASDAQ:UBCP) announced a quarterly dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders of record on Tuesday, December 10th will be paid a dividend of 0.18 per share by the financial services provider on Friday, December 20th. This represents a $0.72 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date is Tuesday, December 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has increased its dividend by an average of 5.3% annually over the last three years and has raised its dividend every year for the last 12 years. United Bancorp has a dividend payout ratio of 46.7% meaning its dividend is sufficiently covered by earnings.

United Bancorp Stock Up 4.8 %

Shares of UBCP traded up $0.60 during trading hours on Friday, reaching $13.21. The stock had a trading volume of 11,653 shares, compared to its average volume of 5,406. The firm has a 50-day simple moving average of $12.87 and a 200 day simple moving average of $12.46. United Bancorp has a 12 month low of $10.76 and a 12 month high of $15.50. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $76.49 million, a price-to-earnings ratio of 9.14 and a beta of 0.41.

United Bancorp Company Profile

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.