United Security Bancshares Announces Quarterly Dividend of $0.12 (NASDAQ:UBFO)

United Security Bancshares (NASDAQ:UBFO - Get Free Report) declared a quarterly dividend on Tuesday, June 24th, Wall Street Journal reports. Investors of record on Monday, July 7th will be given a dividend of 0.12 per share by the financial services provider on Tuesday, July 22nd. This represents a $0.48 annualized dividend and a yield of 5.59%. The ex-dividend date of this dividend is Monday, July 7th.

United Security Bancshares Price Performance

Shares of NASDAQ:UBFO traded up $0.20 during midday trading on Friday, hitting $8.59. 1,612,254 shares of the stock were exchanged, compared to its average volume of 34,612. United Security Bancshares has a twelve month low of $7.07 and a twelve month high of $10.49. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average price of $8.68 and a 200-day moving average price of $9.15. The stock has a market cap of $150.15 million, a P/E ratio of 11.01 and a beta of 0.37.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $13.66 million for the quarter. United Security Bancshares had a net margin of 20.10% and a return on equity of 10.17%.

Institutional Trading of United Security Bancshares

A number of large investors have recently made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in United Security Bancshares by 1,292.4% in the 4th quarter. Bank of America Corp DE now owns 3,648 shares of the financial services provider's stock valued at $37,000 after purchasing an additional 3,386 shares in the last quarter. Jane Street Group LLC boosted its position in United Security Bancshares by 167.3% during the first quarter. Jane Street Group LLC now owns 46,490 shares of the financial services provider's stock worth $417,000 after acquiring an additional 29,096 shares during the last quarter. Empowered Funds LLC grew its stake in United Security Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 55,608 shares of the financial services provider's stock worth $498,000 after acquiring an additional 4,068 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in United Security Bancshares by 64.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 59,523 shares of the financial services provider's stock valued at $533,000 after acquiring an additional 23,284 shares during the last quarter. Institutional investors and hedge funds own 30.88% of the company's stock.

United Security Bancshares Company Profile

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.