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

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Wednesday, February 19th, Wall Street Journal reports. Shareholders of record on Monday, March 10th will be given a dividend of 0.1825 per share by the financial services provider on Thursday, March 20th. This represents a $0.73 dividend on an annualized basis and a yield of 5.35%. The ex-dividend date of this dividend is Monday, March 10th. This is a 1.4% increase from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has increased its dividend payment by an average of 6.4% annually over the last three years and has increased its dividend every year for the last 13 years. United Bancorp has a dividend payout ratio of 42.4% meaning its dividend is sufficiently covered by earnings.

United Bancorp Stock Performance

NASDAQ:UBCP opened at $13.65 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. The company has a market cap of $79.02 million, a P/E ratio of 10.75 and a beta of 0.38. United Bancorp has a fifty-two week low of $11.40 and a fifty-two week high of $15.50. The firm’s 50 day moving average is $13.07 and its two-hundred day moving average is $12.94.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 earnings per share 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.