United Bancorp, Inc. (UBCP) to Issue Quarterly Dividend of $0.18 on June 20th

United Bancorp, Inc. (NASDAQ:UBCP) declared a quarterly dividend on Thursday, April 18th, Zacks reports. Stockholders of record on Monday, June 10th will be given 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 dividend yield of 5.33%. The ex-dividend date is Monday, June 10th. This is an increase from United Bancorp’s previous quarterly dividend of $0.17.

United Bancorp has increased its dividend by an average of 5.3% annually over the last three years and has raised its dividend annually for the last 1 consecutive years. United Bancorp has a dividend payout ratio of 38.4% indicating that its dividend is sufficiently covered by earnings.

United Bancorp Stock Up 1.0 %

Shares of UBCP stock opened at $13.14 on Friday. United Bancorp has a 12 month low of $9.70 and a 12 month high of $15.50. The stock has a market cap of $74.90 million, a P/E ratio of 8.37 and a beta of 0.36. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.55. The company has a 50 day simple moving average of $12.80 and a two-hundred day simple moving average of $11.91.

United Bancorp (NASDAQ:UBCP) last announced its earnings results on Tuesday, February 6th. The financial services provider reported $0.42 EPS for the quarter. United Bancorp had a net margin of 21.88% and a return on equity of 15.32%. The business had revenue of $7.53 million during the quarter.

Institutional Trading of United Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisor Group Holdings Inc. increased its holdings in United Bancorp by 0.9% during the fourth quarter. Advisor Group Holdings Inc. now owns 92,139 shares of the financial services provider’s stock valued at $1,357,000 after buying an additional 808 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of United Bancorp by 8.9% in the third quarter. Vanguard Group Inc. now owns 74,929 shares of the financial services provider’s stock worth $1,204,000 after purchasing an additional 6,101 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of United Bancorp by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 30,801 shares of the financial services provider’s stock worth $447,000 after purchasing an additional 1,274 shares in the last quarter. BlackRock Inc. increased its stake in shares of United Bancorp by 108.0% in the second quarter. BlackRock Inc. now owns 23,464 shares of the financial services provider’s stock worth $281,000 after purchasing an additional 12,184 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of United Bancorp by 82.8% in the fourth quarter. Northern Trust Corp now owns 19,508 shares of the financial services provider’s stock worth $250,000 after purchasing an additional 8,835 shares in the last quarter. 15.42% of the stock is 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.