[8-K] UNITED BANCORP INC /OH/ Reports Material Event
Rhea-AI Filing Summary
United Bancorp, Inc. reported that its Board of Directors declared a second-quarter 2026 cash dividend of $0.1950 per share, payable on June 19, 2026 to shareholders of record on June 10, 2026. This dividend is $0.01, or 5.4%, higher than the regular cash dividend paid in the same quarter last year.
Across the first two quarters of 2026, the company has paid total cash dividends of $0.5625 per share, including a special cash dividend of $0.1750 in the first quarter. At the new quarterly level, the regular dividend implies a forward yield of 5.13% based on a share price of $15.21 at the most recent quarter-end.
At the annual meeting held on April 22, 2026, shareholders elected directors for the coming year, including Chairman, President and CEO Scott A. Everson and four other board members. United Bancorp is headquartered in Martins Ferry, Ohio, with total assets of $857.4 million, total shareholders’ equity of $70.5 million as of December 31, 2025, and nineteen banking offices operating under its Unified Bank charter.
Positive
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8-K Event Classification
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
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| Item 8.01. | Other Events. |
On April 23, 2026, United Bancorp, Inc. issued a press release announcing the declarations by its Board of Directors on April 22, 2026 of the Company’s regular dividend for the second quarter of 2026 which will be payable on June 19, 2026 to shareholders of record on June 10, 2026. A copy of the press release is furnished herewith.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
The following exhibits are furnished herewith:
| Exhibit Number | Exhibit Description | |
| 99 | Registrant’s press release dated April 23, 2026 | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL). |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: April 23, 2026 | United Bancorp, Inc. | |
| /s/ Scott A. Everson | ||
| Scott A. Everson, Chief Executive Officer | ||
EXHIBIT 99
PRESS RELEASE
United Bancorp, Inc.
201 South 4th at Hickory Street, Martins Ferry, OH 43935
| Contact: | Scott A. Everson | Randall M. Greenwood |
| Chairman, President and CEO | Senior Vice President, CFO and Treasurer | |
| Phone: | (740) 633-0445 Ext. 6154 | (740) 633-0445 Ext. 6181 |
| ceo@unitedbancorp.com | cfo@unitedbancorp.com |
FOR IMMEDIATE RELEASE: 11:00 AM April 23, 2026
| Subject: | United Bancorp, Inc. Increases its Second Quarter Cash Dividend Payment to $0.1950 per Share, which produces a Forward Yield of 5.13%, and Reports on Annual Shareholder Meeting. |
MARTINS FERRY, OHIO ••• On April 22, 2026, the Board of Directors of United Bancorp, Inc. (UBCP) declared a second quarter dividend payment of $0.1950 per share for shareholders of record on June 10, 2026 with a payment date of June 19, 2026. This is an increase of $0.01, or 5.4%, 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 $0.5625 (inclusive of a special cash dividend of $0.1750 paid in the first quarter). At the second quarter payment level, the regular cash dividend produces a forward yield of 5.13% based on UBCP’s market value of $15.21 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; Erin S. Ball, Vice President, Carenbauer Distributing Corporation, Wheeling, West Virginia; Jonathan C. Clark, Attorney at Law, Lancaster, Ohio; Gary W. Glessner, CPA and Managing Member of Glessner and Associates, PLLC, Wheeling, West Virginia and John M. Hoopingarner, Of Counsel, McMahon, DeGulis LLP, Columbus, Cleveland and Cincinnati, Ohio.
United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of $857.4 million and total shareholder’s equity of $70.5 million as of December 31, 2025. Through its single bank charter, Unified Bank, the Company has nineteen banking offices that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas and Ohio and Marshall Counties in West Virginia. United Bancorp, Inc. trades on the NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.