United Bancshares, Inc. (NASDAQ:UBOH) declared a quarterly dividend on Thursday, April 19th, Zacks reports. Investors of record on Thursday, May 31st will be paid a dividend of 0.12 per share by the bank on Friday, June 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date is Wednesday, May 30th.
Shares of United Bancshares stock opened at $22.25 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.88. The company has a market cap of $72.71 million, a P/E ratio of 13.32 and a beta of 0.35. United Bancshares has a 52 week low of $20.35 and a 52 week high of $23.50.
Separately, TheStreet upgraded United Bancshares from a “c+” rating to a “b” rating in a report on Thursday, April 19th.
United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and retail banking products and services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.
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