MARTINS FERRY, Ohio,
Nov. 21, 2019 /PRNewswire/ -- On
November 20, 2019, the Board of
Directors of United Bancorp, Inc. (NASDAQ: UBCP) declared a fourth
quarter dividend payment of $0.14 per
share for shareholders of record on December
10, 2019 with a payment date of December 20, 2019. This payment is greater
than the cash dividend paid in the third quarter, which was
$0.1375, and is the fourth quarterly
increase in 2019. At this present cash dividend payout level,
the forward yield is 5.02% based on the most recent quarter-ending
market price.
United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of
$675.8 million and total
shareholder's equity of $60.1 million
as of September 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 has begun construction on a new full-service
banking center in Moundsville (Marshall County), WV, which is
scheduled to open sometime in the early second 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.