United Bancorp, Inc. (NASDAQ:UBCP) Plans 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 annualized dividend and a yield of 5.62%. The ex-dividend date is Monday, March 10th. This is an increase from United Bancorp’s previous quarterly dividend of $0.18.

United Bancorp has increased its dividend by an average of 6.4% per year over the last three years and has raised its dividend every year for the last 12 years. United Bancorp has a payout ratio of 45.0% meaning its dividend is sufficiently covered by earnings.

United Bancorp Trading Up 0.8 %

UBCP stock opened at $13.00 on Friday. The company has a market capitalization of $75.27 million, a PE ratio of 10.24 and a beta of 0.40. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. United Bancorp has a one year low of $11.40 and a one year high of $15.50. The company’s 50 day moving average price is $12.97 and its two-hundred day moving average price is $12.84.

United Bancorp (NASDAQ:UBCP) last issued its earnings results 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.