United Securities Bancshares (USBI) Declares $0.02 Quarterly Dividend; 0.9% Yield
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United Security Bancshares, Inc. Declares Cash Dividend
August 24, 2016 4:01 PM EDTTHOMASVILLE, Ala., Aug. 24, 2016 (GLOBE NEWSWIRE) -- United Security Bancshares, Inc. (the Company or USBI) (Nasdaq: USBI) announced that the Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.02 per share. The dividend is payable on October 3, 2016 to shareholders of record at the close of business on September 9, 2016.
Our Board of Directors is pleased to pay a quarterly cash dividend to our shareholders, stated James F. House, President and CEO of United Security Bancshares, Inc. We will continue to evaluate any future dividend payments so that they will be consistent... More