United Bancorp, Inc. Declares a Quarterly Cash Dividend of $0.1825 per Common Share Producing a Forward Yield of 5.6% and Announces a Special Dividend Payment of $0.1750 per Common Share

Rhea-AI Summary

United Bancorp (UBCP) has announced two dividend payments for Q1 2025. The regular quarterly dividend of $0.1825 per share represents a 5.8% increase from last year's Q1 dividend and will be paid on March 20, 2025, to shareholders of record on March 10, 2025. This regular dividend amounts to $0.73 annually, yielding 5.6% based on recent market value.

Additionally, UBCP declared a special dividend of $0.1750 per share, up 16.7% from the previous year, payable on the same dates. The company's total projected cash dividends for 2025, including the special dividend, amount to $0.9050 per share. The decision reflects UBCP's solid earnings, strong capital position, and ample liquidity.

As of December 31, 2024, UBCP reported total assets of $820.8 million and shareholder's equity of $67.6 million. The company operates through Unified Bank with eighteen banking centers across Ohio and West Virginia.

Positive

• Regular quarterly dividend increased by 5.8% to $0.1825
• Special dividend increased by 16.7% to $0.1750
• Attractive forward dividend yield of 5.6%
• Strong capital position with $67.6M in shareholder's equity
• Substantial asset base of $820.8M

Negative

• None.

MARTINS FERRY, OH / ACCESS Newswire / February 20, 2025 / On February 19, 2025, the Board of Directors of United Bancorp, Inc. (UBCP) declared a first quarter cash dividend of $0.1825, which is payable on March 20, 2025 to shareholders of record on March 10, 2025. This is an increase of $0.01, or 5.8%, over the cash dividend paid in the first quarter of last year. At this new level and on a forward basis, the regular cash dividend is $0.73, which produces a forward yield of 5.6% based on the market value at the most recent quarter-end.

In addition to this regular cash dividend payment, the Board of Directors of United Bancorp, Inc. also approved a one-time, special dividend of $0.1750 per common share, which is payable on March 20, 2025 to shareholders of record on March 10, 2025. This is an increase of $0.025, or 16.7%, over the special dividend payment amount paid the previous year. The Board of Directors approved this special cash dividend based on the Company's continued solid earnings, ample liquidity and strong capital position. At the current quarterly cash dividend payment level on a forward basis and inclusive of this special dividend payment, United Bancorp, Inc. is projected to pay cash dividends of $0.9050 in the current year.

_{United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of $820.8 million and total shareholder's equity of $67.6 million as of December 31, 2024. Through its single bank charter, Unified Bank, the Company currently has eighteen banking centers that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas and Marshall County in West Virginia. United Bancorp, Inc. trades on the NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.}

Contacts:		Scott A. Everson		Randall M. Greenwood
		Chairman, President and CEO		Senior Vice President, CFO and Treasurer
		(740) 633-0445, ext. 6154		(740) 633-0445, ext. 6181
		ceo@unitedbancorp.com		cfo@unitedbancorp.com

SOURCE: United Bancorp, Inc. (Ohio)

View the original press release on ACCESS Newswire

FAQ

What is United Bancorp's (UBCP) Q1 2025 dividend amount and payment date?

UBCP's Q1 2025 regular dividend is $0.1825 per share, payable on March 20, 2025, to shareholders of record on March 10, 2025.

How much is UBCP's special dividend for 2025?

UBCP announced a special dividend of $0.1750 per share, payable on March 20, 2025.

What is United Bancorp's (UBCP) forward dividend yield for 2025?

UBCP's regular dividend provides a forward yield of 5.6% based on recent market value.

How much did UBCP increase its regular and special dividends compared to last year?

UBCP increased its regular quarterly dividend by 5.8% and its special dividend by 16.7% compared to the previous year.

What is UBCP's total projected dividend payout for 2025?

UBCP's total projected cash dividends for 2025, including both regular and special dividends, amount to $0.9050 per share.