United Bancorporation of Alabama, Inc. Announces Semiannual Dividend

Rhea-AI Summary

United Bancorporation of Alabama (OTCQX: UBAB) has declared a semiannual dividend of $0.60 per share, payable on January 16, 2025, to shareholders of record as of December 31, 2024. The company, with assets of $1.4 billion, operates as a financial holding company through its subsidiaries United Bank and UB Community Development, serving Southwest Alabama and Northwest Florida. United Bank, a Community Development Financial Institution (CDFI), maintains 20 locations across six counties and focuses on economic development in underserved communities through various programs including New Markets Tax Credits and affordable housing initiatives.

Positive

• Declared semiannual dividend of $0.60 per share
• Strong asset base of $1.4 billion
• Extensive regional presence with 20 locations across six counties

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• None.

ATMORE, Ala., Dec. 23, 2024 /PRNewswire/ -- United Bancorporation of Alabama, Inc. (OTCQX: UBAB), parent company of United Bank and UB Community Development, has announced a semiannual dividend of $0.60 per share. The cash dividend will be payable on or near January 16, 2025, to stockholders of record as of December 31, 2024. 

United Bancorporation of Alabama, Inc. (OTCQX: UBAB) is a $1.4 billion financial holding company primarily serving Southwest Alabama and Northwest Florida. United Bank is a Community Development Financial Institution (CDFI), which recognizes its commitment to stimulating economic development in underserved communities. United Bank operates 20 locations across six counties. UB Community Development focuses on economic and community development through its New Markets Tax Credits, affordable housing and community facilities programs. For complete quarterly reporting, visit our investor relations tab at UnitedBank.com. Member FDIC.

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SOURCE United Bancorporation

FAQ

When will UBAB pay its latest semiannual dividend?

UBAB will pay its semiannual dividend of $0.60 per share on or near January 16, 2025, to stockholders of record as of December 31, 2024.

What is the current dividend amount for UBAB stock?

UBAB has declared a semiannual dividend of $0.60 per share.

What is the total asset value of United Bancorporation of Alabama?

United Bancorporation of Alabama is a $1.4 billion financial holding company.

How many locations does United Bank (UBAB) operate?

United Bank operates 20 locations across six counties in Southwest Alabama and Northwest Florida.

What is the record date for UBAB's latest dividend?

The record date for UBAB's latest dividend is December 31, 2024.