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

United Security Bancshares (NASDAQ:UBFO) declared a quarterly dividend on Wednesday, March 26th, RTT News reports. Stockholders of record on Monday, April 7th will be paid a dividend of 0.12 per share by the financial services provider on Tuesday, April 22nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.35%.

United Security Bancshares has raised its dividend payment by an average of 2.9% per year over the last three years.

United Security Bancshares Stock Performance

UBFO stock traded down $0.02 on Wednesday, hitting $8.97. The company’s stock had a trading volume of 14,956 shares, compared to its average volume of 26,145. United Security Bancshares has a 1 year low of $7.02 and a 1 year 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 stock has a market cap of $155.39 million, a price-to-earnings ratio of 10.43 and a beta of 0.54. The firm has a 50 day moving average of $9.61 and a two-hundred day moving average of $9.37.

United Security Bancshares (NASDAQ:UBFO) last announced its earnings results on Monday, January 27th. The financial services provider reported $0.15 earnings per share for the quarter. United Security Bancshares had a net margin of 22.58% and a return on equity of 11.54%.

Institutional Investors Weigh In On United Security Bancshares

A hedge fund recently raised its stake in United Security Bancshares stock. Bank of America Corp DE grew its position in shares of United Security Bancshares (NASDAQ:UBFO) by 1,292.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,648 shares of the financial services provider’s stock after buying an additional 3,386 shares during the quarter. Bank of America Corp DE’s holdings in United Security Bancshares were worth $37,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 30.88% of the company’s stock.

About United Security Bancshares

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.