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

United Bancorp, Inc. (NASDAQ:UBCP) announced a quarterly dividend on Friday, February 21st, Wall Street Journal reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.1825 per share by the financial services provider on Thursday, March 20th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date is Monday, March 10th. This is a boost from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has raised its dividend payment by an average of 6.4% annually over the last three years and has raised its dividend annually for the last 12 consecutive years. United Bancorp has a dividend payout ratio of 45.0% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Trading Up 0.8 %

Shares of NASDAQ:UBCP opened at $13.00 on Friday. United Bancorp has a 52 week low of $11.40 and a 52 week high of $15.50. The company’s 50 day moving average is $12.97 and its two-hundred day moving average is $12.84. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51. The company has a market cap of $75.26 million, a PE ratio of 10.24 and a beta of 0.40.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.31 EPS for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%.

About United Bancorp

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.