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

United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Tuesday, March 25th, RTT News reports. Investors of record on Monday, April 7th will be given a dividend of 0.12 per share by the financial services provider on Tuesday, April 22nd. This represents a $0.48 annualized dividend and a yield of 6.03%. The ex-dividend date of this dividend is Monday, April 7th.

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

United Security Bancshares Stock Down 5.0 %

Shares of United Security Bancshares stock opened at $7.96 on Friday. The company’s fifty day simple moving average is $9.43 and its two-hundred day simple moving average is $9.38. United Security Bancshares has a 12-month low of $7.02 and a 12-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 market cap of $137.36 million, a P/E ratio of 9.26 and a beta of 0.54.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in United Security Bancshares stock. Bank of America Corp DE boosted its position in United Security Bancshares (NASDAQ:UBFO) by 1,292.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,648 shares of the financial services provider’s stock after purchasing an additional 3,386 shares during the quarter. Bank of America Corp DE’s holdings in United Security Bancshares were worth $37,000 at the end of the most recent quarter. Hedge funds and other institutional investors 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.