First US Bancshares, Inc. (NASDAQ:FUSB) Plans $0.07 Quarterly Dividend

First US Bancshares, Inc. (NASDAQ:FUSB - Get Free Report) announced a quarterly dividend on Wednesday, May 21st, RTT News reports. Stockholders of record on Friday, June 13th will be given a dividend of 0.07 per share by the financial services provider on Tuesday, July 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Friday, June 13th.

First US Bancshares has raised its dividend by an average of 22.4% per year over the last three years and has raised its dividend every year for the last 3 years.

First US Bancshares Price Performance

First US Bancshares stock traded down $0.38 during midday trading on Tuesday, reaching $12.70. The company had a trading volume of 7,813 shares, compared to its average volume of 5,865. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91. First US Bancshares has a 12-month low of $8.75 and a 12-month high of $14.30. The company has a market capitalization of $73.05 million, a P/E ratio of 9.55 and a beta of 0.49. The firm's fifty day simple moving average is $12.91 and its 200-day simple moving average is $13.00.

First US Bancshares (NASDAQ:FUSB - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $0.29 earnings per share for the quarter. First US Bancshares had a return on equity of 8.61% and a net margin of 13.21%. The business had revenue of $9.77 million for the quarter.

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.