United Bancorp (UBCP) Raises Quarterly Dividend 1.9% to $0.1325; 4.6% Yield

United Bancorp (NASDAQ: UBCP) declared a quarterly dividend of $0.1325 per share, or $0.53 annualized. This is a 1.9% increase from the prior dividend of $0.13.

The dividend will be payable on March 20, 2019, to stockholders of record on March 8, 2019, with an ex-dividend date of March 7, 2019.

The annual yield on the dividend is 4.6 percent.

Scott A. Everson, President and Chief Executive Officer of UBCP indicated, "Paying a very solid cash dividend to our loyal shareholders is one of the primary focuses of our Company. At our current regular cash dividend payout level relative to our market value at the most recent quarter end, our Company's stock is generating a forward dividend yield of 4.64%, which is nearly double what is presently seen within our industry. This first quarter dividend payment will be for shareholders of record on March 8, 2019 and payable on March 20, 2019."

For a dividend history and other dividend-related data on United Bancorp (UBCP) click here.

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