STOCK TITAN

United Bancorp, Inc. Increases its Fourth Quarter Cash Dividend Payment to $0.17 per Share, Which Produces a Forward Yield of 5.9%

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
United Bancorp, Inc. (UBCP) declared a fourth quarter dividend payment of $0.17 per share, an increase of 5.2% over the previous year. The forward yield is 5.9% based on UBCP's market value of $11.55. The company has total assets of $814.3 million and total shareholder's equity of $52.6 million. United Bancorp, Inc. trades on the NASDAQ Capital Market tier under the symbol UBCP.
Positive
  • None.
Negative
  • None.

MARTINS FERRY, OH / ACCESSWIRE / November 22, 2023 / On November 22, 2023, the Board of Directors of United Bancorp, Inc. (UBCP) declared a fourth quarter dividend payment of $0.17 per share for shareholders of record on December 8, 2023 with a payment date of December 20, 2023. This payment is greater than the regular cash dividends paid in the first three quarters of the current year, which were $0.1625, $0.1650 and $0.1675 respectively. With this fourth quarter dividend payment and year-to-date, UBCP has paid total cash dividends of $0.8150 (inclusive of a special cash dividend of $0.15 paid in the first quarter), which is an increase of $0.04, or 5.2%, over the amount paid during the same period the previous year. At the fourth quarter payment level, the regular cash dividend produces a forward yield of 5.9% based on UBCP's market value of $11.55 at the most recent quarter-end.

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of $814.3 million and total shareholder's equity of $52.6 million as of September 30, 2023. Through its single bank charter, Unified Bank, the Company has eighteen banking offices 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.

Contact: Scott A. Everson
President and CEO
Phone: (740) 633-0445 Ext.
ceo@unitedbancorp.com

Randall M. Greenwood
Senior Vice President, CFO and Treasurer
6154 (740) 633-0445 Ext. 6181
cfo@unitedbancorp.com

SOURCE: United Bancorp, Inc. (Ohio)



View source version on accesswire.com:
https://www.accesswire.com/807876/united-bancorp-inc-increases-its-fourth-quarter-cash-dividend-payment-to-017-per-share-which-produces-a-forward-yield-of-59

FAQ

What is the dividend payment declared by United Bancorp, Inc. (UBCP) for the fourth quarter?

United Bancorp, Inc. (UBCP) declared a fourth quarter dividend payment of $0.17 per share for shareholders of record on December 8, 2023.

What is the forward yield based on UBCP's market value?

The regular cash dividend produces a forward yield of 5.9% based on UBCP's market value of $11.55 at the most recent quarter-end.

Where is United Bancorp, Inc. headquartered and how many banking offices does it have?

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has eighteen banking offices that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas and Marshall County in West Virginia.

On which stock market does United Bancorp, Inc. trade and what is its symbol?

United Bancorp, Inc. trades on the NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP.

What are the total assets and total shareholder's equity of United Bancorp, Inc. as of September 30, 2023?

The company has total assets of $814.3 million and total shareholder's equity of $52.6 million as of September 30, 2023.

United Bancorp Inc/OH

NASDAQ:UBCP

UBCP Rankings

UBCP Latest News

UBCP Stock Data

70.81M
4.83M
13.5%
8.94%
0.15%
Commercial Banking
Finance and Insurance
Link
United States of America
MARTINS FERRY

About UBCP

united bancorp is a financial services company located in 111 w washington st, princeton, kentucky, united states.