United Bancorp, Inc. (NASDAQ:UBCP) Announces Quarterly Dividend of $0.19

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Monday, April 21st, Wall Street Journal reports. Shareholders of record on Tuesday, June 10th will be given a dividend of 0.185 per share by the financial services provider on Friday, June 20th. This represents a $0.74 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend is Tuesday, June 10th. This is a 1.4% increase 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 13 consecutive years. United Bancorp has a payout ratio of 42.4% meaning its dividend is sufficiently covered by earnings.

United Bancorp Price Performance

UBCP stock opened at $13.25 on Tuesday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. The stock’s 50 day moving average price is $13.12 and its 200 day moving average price is $13.10. The firm has a market cap of $79.05 million, a P/E ratio of 10.43 and a beta of 0.23. United Bancorp has a 1 year low of $11.40 and a 1 year high of $14.78.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.31 earnings per share 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.