United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $26.25 and traded as high as $27.62. United Bancshares shares last traded at $27.62, with a volume of 2,002 shares trading hands.
United Bancshares Stock Performance
The firm has a 50 day moving average of $26.24 and a 200-day moving average of $26.62. The company has a market cap of $82.31 million, a P/E ratio of 9.00 and a beta of 0.04.
United Bancshares Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Wednesday, April 30th will be paid a $0.23 dividend. This is an increase from United Bancshares's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 3.33%. United Bancshares's payout ratio is presently 27.06%.
About United Bancshares
(
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United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.
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