United Bancorp, Inc. Declares its Fourth Quarter Regular Cash Dividend Payment at $0.1425 per Share Producing a Forward Yield of 4.54%

Rhea-AI Summary

United Bancorp (NASDAQ: UBCP) declared a fourth quarter dividend of $0.1425 per share, payable on December 18, 2020, to shareholders of record as of December 10, 2020. This dividend results in a 4.54% forward yield based on the latest market price. The company's total assets stand at $692.5 million with total shareholders' equity of $66.7 million as of September 30, 2020. United Bancorp operates twenty banking centers across Ohio and West Virginia.

Positive

• Declared fourth quarter dividend of $0.1425 per share.
• Forward yield of 4.54% based on recent market price.
• Total assets of $692.5 million, indicating stability.

Negative

• None.

MARTINS FERRY, OH / ACCESSWIRE / November 19, 2020 / On November 18, 2020, the Board of Directors of United Bancorp, Inc. (NASDAQ:UBCP) declared a fourth quarter dividend payment of $0.1425 per share for shareholders of record on December 10, 2020, with a payment date of December 18, 2020. At this present cash dividend payout level, the forward yield is 4.54% based on the most recent quarter-ending market price.

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of $692.5 million and total shareholder's equity of $66.7 million as of September 30, 2020. Through its single bank charter, Unified Bank, the Company has twenty banking centers that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas and Marshall County in West Virginia. The Company also operates a Loan Production Office in Wheeling (Ohio County), WV. United Bancorp, Inc. trades on the NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.

Contact:

United Bancorp, Inc.
Scott A. Everson
President and CEO
(740) 633-0445 Ext. 6154
ceo@unitedbancorp.com

Randall M. Greenwood
Senior Vice President, CFO and Treasurer
(740) 633-0445 Ext. 6181
cfo@unitedbancorp.com

SOURCE: United Bancorp, Inc.

View source version on accesswire.com:
https://www.accesswire.com/617432/United-Bancorp-Inc-Declares-its-Fourth-Quarter-Regular-Cash-Dividend-Payment-at-01425-per-Share-Producing-a-Forward-Yield-of-454

FAQ

What is the dividend amount declared by United Bancorp for the fourth quarter of 2020?

The dividend amount declared is $0.1425 per share.

When is the payment date for United Bancorp's fourth quarter dividend?

The payment date is December 18, 2020.

What is the forward yield for United Bancorp based on the latest dividend?

The forward yield is 4.54%.

Who are the shareholders of record for United Bancorp's fourth quarter dividend?

Shareholders of record are those on December 10, 2020.