United Bancorp, Inc. Increases its Second Quarter Cash Dividend Payment to $0.1850 per Share, Which Produces a Forward Yield of 5.51%, and Reports on Annual Shareholder Meeting

Rhea-AI Summary

United Bancorp (UBCP) has announced an increased second quarter dividend of $0.1850 per share, representing a 5.7% increase from the previous year. The dividend will be paid on June 20, 2025, to shareholders of record on June 10, 2025.

The company's total cash dividends for the first two quarters of 2025 amount to $0.5425, including a special cash dividend of $0.1750 in Q1, marking a 9.0% increase year-over-year. Based on UBCP's market value of $13.42 at the recent quarter-end, the regular dividend yields 5.51%.

The company reported total assets of $816.7 million and total shareholder's equity of $65.5 million as of December 31, 2024. UBCP operates through Unified Bank with eighteen banking offices across Ohio and West Virginia.

Positive

• Increased quarterly dividend by 5.7% to $0.1850 per share
• Attractive forward dividend yield of 5.51%
• 9.0% increase in total cash dividends YoY
• Special cash dividend of $0.1750 paid in Q1 2025
• Strong asset base of $816.7 million

Negative

• None.

MARTINS FERRY, OH / ACCESS Newswire / April 17, 2025 / On April 16, 2025, the Board of Directors of United Bancorp, Inc. (UBCP) declared a second quarter dividend payment of $0.1850 per share for shareholders of record on June 10, 2025 with a payment date of June 20, 2025. This is an increase of $0.01, or 5.7%, over the regular cash dividend paid in the second quarter of last year. In the first two quarters of the current year, UBCP has paid total cash dividends of $0.5425 (inclusive of a special cash dividend of $0.1750 paid in the first quarter), which is an increase over the previous year of $0.0450 or 9.0%. At the second quarter payment level, the regular cash dividend produces a forward yield of 5.51% based on UBCP's market value of $13.42 at the most recent quarter-end.

Scott A. Everson, Chairman, President and CEO announced at the annual meeting held that date, the Shareholders of UBCP elected Directors for the following year including himself; Gary W. Glessner, CPA and Managing Member of Glessner and Associates, PLLC, Wheeling, West Virginia; Brian M. Hendershot, President, Ohio-West Virginia Excavating, Shadyside, Ohio; John M. Hoopingarner, Of Counsel, McMahon, DeGulis LLP, Columbus, Cleveland and Cincinnati, Ohio and Bethany E. Schunn, Plant Manager, Cardinal Operating Company, Brilliant, Ohio.

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of $816.7 million and total shareholder's equity of $65.5 million as of December 31, 2024. 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.

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) new quarterly dividend for Q2 2025?

United Bancorp's Q2 2025 dividend is $0.1850 per share, a 5.7% increase from the previous year's second quarter.

When is UBCP's Q2 2025 dividend payment date and record date?

The dividend payment date is June 20, 2025, for shareholders of record as of June 10, 2025.

What is United Bancorp's (UBCP) dividend yield based on recent stock price?

UBCP's regular dividend yields 5.51% based on the market value of $13.42 at the most recent quarter-end.

How much has UBCP paid in total dividends for the first two quarters of 2025?

UBCP paid total cash dividends of $0.5425 in the first two quarters of 2025, including a special dividend of $0.1750 in Q1.

What are United Bancorp's (UBCP) total assets and shareholder equity as of December 2024?

As of December 31, 2024, UBCP had total assets of $816.7 million and total shareholder's equity of $65.5 million.