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

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) declared a quarterly dividend on Thursday, April 18th, Zacks reports. Shareholders of record on Monday, June 10th will be paid a dividend of 0.175 per share by the financial services provider on Thursday, June 20th. This represents a $0.70 dividend on an annualized basis and a yield of 5.33%. The ex-dividend date of this dividend is Monday, June 10th.

United Bancorp has increased its dividend by an average of 5.3% per year over the last three years and has increased its dividend every year for the last 1 years. United Bancorp has a dividend payout ratio of 38.4% meaning its dividend is sufficiently covered by earnings.

United Bancorp Stock Up 1.0 %

NASDAQ:UBCP traded up $0.13 during trading hours on Friday, reaching $13.14. The company had a trading volume of 593 shares, compared to its average volume of 3,843. The firm has a market cap of $74.90 million, a price-to-earnings ratio of 8.37 and a beta of 0.36. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.55. United Bancorp has a twelve month low of $9.70 and a twelve month high of $15.50. The business's 50-day simple moving average is $12.80 and its two-hundred day simple moving average is $11.91.

United Bancorp (NASDAQ:UBCP - Get Free Report) last posted its earnings results on Tuesday, February 6th. The financial services provider reported $0.42 earnings per share for the quarter. The firm had revenue of $7.53 million during the quarter. United Bancorp had a net margin of 21.88% and a return on equity of 15.32%.

Institutional Investors Weigh In On United Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UBCP. Advisor Group Holdings Inc. grew its position in United Bancorp by 0.9% during the 4th quarter. Advisor Group Holdings Inc. now owns 92,139 shares of the financial services provider's stock valued at $1,357,000 after purchasing an additional 808 shares during the last quarter. Vanguard Group Inc. raised its stake in United Bancorp by 8.9% during the 3rd quarter. Vanguard Group Inc. now owns 74,929 shares of the financial services provider's stock worth $1,204,000 after acquiring an additional 6,101 shares during the period. Dimensional Fund Advisors LP grew its holdings in United Bancorp by 2.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 27,168 shares of the financial services provider's stock valued at $490,000 after buying an additional 617 shares in the last quarter. BlackRock Inc. grew its holdings in United Bancorp by 108.0% during the 2nd quarter. BlackRock Inc. now owns 23,464 shares of the financial services provider's stock valued at $281,000 after buying an additional 12,184 shares in the last quarter. Finally, Founders Financial Alliance LLC grew its holdings in United Bancorp by 4.3% during the 4th quarter. Founders Financial Alliance LLC now owns 18,486 shares of the financial services provider's stock valued at $272,000 after buying an additional 762 shares in the last quarter. 15.42% of the stock is currently owned by institutional investors.

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. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans.