MARTINS FERRY, Ohio,
Aug. 22, 2019 /PRNewswire/ -- On
August 21, 2019, the Board of
Directors of United Bancorp, Inc. (NASDAQ: UBCP) declared a third
quarter dividend payment of $0.1375
per share for shareholders of record on September 10, 2019 with a payment date of
September 20, 2019. This
payment is greater than the cash dividend paid in the second
quarter, which was $0.1350, and is
the third quarterly increase in 2019. At this present cash
dividend payout level, the forward yield is 4.78% based on the most
recent quarter-ending market price.
United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of
$648.6 million and total
shareholder's equity of $57.0 million
as of June 30, 2019. Through
its single bank charter, Unified Bank, the Company has
nineteen banking centers that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas. The Company also operates a
Loan Production Office in Wheeling
(Ohio County), WV and will soon begin construction on a new
full-service banking center in Moundsville (Marshall County), WV,
which is scheduled to open sometime in the first quarter of 2020.
United Bancorp, Inc. trades on the NASDAQ Capital Market tier
of the NASDAQ Stock Market under the symbol UBCP, Cusip
#909911109.
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SOURCE United Bancorp, Inc.