United Securities Bancshares (USBI) Declares $0.02 Quarterly Dividend; 0.9% Yield

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Go back to United Securities Bancshares (USBI) Declares $0.02 Quarterly Dividend; 0.9% Yield

United Security Bancshares, Inc. Declares Cash Dividend

May 26, 2016 5:35 PM EDT

THOMASVILLE, Ala.--(BUSINESS WIRE)-- United Security Bancshares, Inc. (Nasdaq: USBI) announced that the Board of Directors, at a meeting held on May 25, 2016, declared a quarterly cash dividend of $0.02 per share. The dividend is payable on July 1, 2016 to shareholders of record at the close of business on June 10, 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 with maintaining our strong capital base,... More