United Bancorp, Inc. (NASDAQ:UBCP – Get Free Report) declared a quarterly dividend on Thursday, April 18th, Zacks reports. Investors of record on Monday, June 10th will be paid a dividend of 0.175 per share by the financial services provider on Thursday, June 20th. This represents a $0.70 annualized dividend and a yield of 5.33%. The ex-dividend date is Monday, June 10th.
United Bancorp has raised its dividend by an average of 5.3% per year over the last three years and has raised its dividend every year for the last 1 years. United Bancorp has a dividend payout ratio of 38.4% meaning its dividend is sufficiently covered by earnings.
United Bancorp Stock Performance
Shares of UBCP stock opened at $13.14 on Friday. United Bancorp has a one year low of $9.70 and a one year high of $15.50. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.81 and a current ratio of 0.81. The company has a 50 day moving average price of $12.80 and a 200 day moving average price of $11.91. The firm has a market capitalization of $74.90 million, a price-to-earnings ratio of 8.37 and a beta of 0.36.
Institutional Investors Weigh In On United Bancorp
Several institutional investors have recently bought and sold shares of UBCP. Northern Trust Corp purchased a new stake in United Bancorp during the second quarter worth approximately $130,000. State Street Corp purchased a new stake in United Bancorp during the second quarter worth approximately $167,000. HBK Sorce Advisory LLC purchased a new stake in United Bancorp during the first quarter worth approximately $261,000. Founders Financial Alliance LLC grew its stake in United Bancorp by 4.3% during the fourth quarter. Founders Financial Alliance LLC now owns 18,486 shares of the financial services provider’s stock worth $272,000 after buying an additional 762 shares during the period. Finally, BlackRock Inc. grew its stake in United Bancorp by 108.0% during the second quarter. BlackRock Inc. now owns 23,464 shares of the financial services provider’s stock worth $281,000 after buying an additional 12,184 shares during the period. 15.42% of the stock is currently owned by hedge funds and other institutional investors.
About United Bancorp
United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans.
Read More
- Five stocks we like better than United Bancorp
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- MarketBeat Week in Review – 4/15 – 4/19
- Insider Trades May Not Tell You What You Think
- Comprehensive Analysis of PayPal Stock
- How is Compound Interest Calculated?
- Intuitive Surgical Stock Can Trend Much Higher This Year
Receive News & Ratings for United Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.