United Bancorp, Inc. Declares its Third Quarter Regular Cash Dividend Payment at $0.1425 per Share, which produces a Forward Yield of 4.95%

Rhea-AI Summary

On August 19, 2020, United Bancorp, Inc. (NASDAQ: UBCP) announced a third quarter dividend of $0.1425 per share, payable on September 18, 2020 to shareholders of record by September 10, 2020. The dividend reflects a forward yield of 4.95% based on the recent market price. As of June 30, 2020, United Bancorp reported total assets of $701.3 million and total shareholder's equity of $66.0 million.

Positive

• Declared a dividend of $0.1425 per share.
• Forward yield of 4.95%, indicating strong returns for investors.
• Total assets reported at $701.3 million, demonstrating financial stability.

Negative

• None.

News Market Reaction – UBCP

-2.04%

-2.04% Session move

In the trading session that priced this news, UBCP declined 2.04%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MARTINS FERRY, Ohio, Aug. 20, 2020 /PRNewswire/ -- On August 19, 2020, the Board of Directors of United Bancorp, Inc. (NASDAQ: UBCP) declared a third quarter dividend payment of $0.1425 per share for shareholders of record on September 10, 2020 with a payment date of September 18, 2020.  At this present cash dividend payout level, the forward yield is 4.95% based on the most recent quarter-ending market price.      

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of $701.3 million and total shareholder's equity of $66.0 million as of June 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.

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SOURCE United Bancorp, Inc.

FAQ

What is the dividend amount declared by United Bancorp (UBCP) for Q3 2020?

United Bancorp declared a dividend of $0.1425 per share for Q3 2020.

When will the dividend for UBCP be paid?

The dividend will be paid on September 18, 2020.

What is the record date for the UBCP dividend?

The record date for the dividend is September 10, 2020.

What is the forward yield of UBCP's dividend?

The forward yield is 4.95% based on the most recent market price.