United Security Bancshares (UBFO) Declares $0.11 Quarterly Dividend; 6.7% Yield

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Go back to United Security Bancshares (UBFO) Declares $0.11 Quarterly Dividend; 6.7% Yield

United Security Bancshares Declares Quarterly Cash Dividend

March 26, 2020 11:55 AM EDT

FRESNO, Calif.--(BUSINESS WIRE)-- On March 24, 2020, the Board of Directors of United Security Bancshares (the "Company")(NASDAQ: UBFO), the parent company of United Security Bank (the "Bank"), declared a regular quarterly cash dividend of $0.11 per share on the Company's common stock. The dividend is payable on April 15, 2020, to shareholders of record as of April 6, 2020.

The Board of Directors of the Company also decided to delay the 2020 Annual Meeting of Shareholders previously scheduled for May 20, 2020. In taking this action the Board of Directors noted their concerns for the health and safety of the... More