United Securities Bancshares (USBI) Declares $0.02 Quarterly Dividend; 1% Yield

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Go back to United Securities Bancshares (USBI) Declares $0.02 Quarterly Dividend; 1% Yield

United Security Bancshares, Inc. Declares Cash Dividend

May 28, 2015 4:30 PM EDT

THOMASVILLE, Ala.--(BUSINESS WIRE)-- United Security Bancshares, Inc. (Nasdaq: USBI) announced that the Board of Directors, at a meeting held Wednesday, May 27, 2015, declared a quarterly cash dividend of $0.02 per share. The dividend is payable July 1, 2015, to shareholders of record at the close of business on June 12, 2015.

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 with maintaining our strong capital base,... More