United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $26.27 and traded as high as $27.50. United Bancshares shares last traded at $27.50, with a volume of 322 shares.
United Bancshares Stock Performance
The firm has a 50 day moving average price of $26.28 and a 200-day moving average price of $27.02. The firm has a market cap of $81.95 million, a PE ratio of 8.96 and a beta of 0.06.
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 given 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 dividend yield of 3.35%. United Bancshares's dividend payout ratio is currently 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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