United Community Financial (UCFC) Raises Quarterly Dividend 20% to $0.03; 2% Yield

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UCFC Announces Record Earnings and a Dividend Increase

July 19, 2016 4:10 PM EDT

Net quarterly income of $5.3 million, up 29.2% from the same period last year Diluted earnings per share of $0.11, up 33.3% from the second quarter of 2015 ROA of 1.04% ROE of 8.63% for the quarter Net interest margin increased to 3.25% compared to 3.21% in the first quarter of 2016 Loans, including loans held for sale, increased 14.5% in the second quarter of 2016 compared to the second quarter of 2015 Net chargeoff activity of 4 basis points during the quarter Dividend of $0.03 per common... More