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

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United Security Bancshares, Inc. Declares Cash Dividend

November 18, 2015 4:05 PM EST

THOMASVILLE, Ala.--(BUSINESS WIRE)-- United Security Bancshares, Inc. (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 January 4, 2016, to shareholders of record at the close of business on December 11, 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, concluded Mr.... More