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

United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Wednesday, March 27th, investing.com reports. Investors of record on Monday, April 8th will be given a dividend of 0.12 per share by the financial services provider on Monday, April 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 6.23%. The ex-dividend date is Friday, April 5th.

United Security Bancshares has increased its dividend payment by an average of 1.5% annually over the last three years and has increased its dividend every year for the last 1 years.

United Security Bancshares Trading Up 2.4 %

Shares of NASDAQ:UBFO opened at $7.71 on Friday. United Security Bancshares has a 52-week low of $5.50 and a 52-week high of $8.74. The stock has a market capitalization of $133.07 million, a price-to-earnings ratio of 6.65 and a beta of 0.60. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 0.89. The stock’s 50-day simple moving average is $7.62 and its two-hundred day simple moving average is $7.69.

United Security Bancshares (NASDAQ:UBFO) last announced its earnings results on Thursday, January 25th. The financial services provider reported $0.31 EPS for the quarter. The business had revenue of $14.95 million during the quarter. United Security Bancshares had a net margin of 30.02% and a return on equity of 16.99%.

Hedge Funds Weigh In On United Security Bancshares

A number of institutional investors have recently bought and sold shares of UBFO. Bank of America Corp DE increased its position in United Security Bancshares by 566,900.0% in the fourth quarter. Bank of America Corp DE now owns 5,670 shares of the financial services provider’s stock worth $41,000 after buying an additional 5,669 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of United Security Bancshares by 4,392.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,526 shares of the financial services provider’s stock valued at $41,000 after buying an additional 5,403 shares in the last quarter. UBS Group AG boosted its holdings in United Security Bancshares by 80.5% in the 1st quarter. UBS Group AG now owns 7,542 shares of the financial services provider’s stock worth $63,000 after buying an additional 3,363 shares during the period. Royal Bank of Canada bought a new stake in United Security Bancshares during the fourth quarter valued at about $78,000. Finally, BHZ Capital Management LP lifted its position in shares of United Security Bancshares by 34.8% in the first quarter. BHZ Capital Management LP now owns 25,488 shares of the financial services provider’s stock valued at $163,000 after acquiring an additional 6,584 shares in the last quarter. 30.88% of the stock is owned by institutional investors.

United Security Bancshares Company Profile

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.