First US Bancshares Inc (NASDAQ:FUSB) Increases Dividend to $0.03 Per Share

First US Bancshares Inc (NASDAQ:FUSB) announced a quarterly dividend on Thursday, November 21st, Zacks reports. Investors of record on Thursday, December 12th will be paid a dividend of 0.03 per share by the financial services provider on Thursday, January 2nd. This represents a $0.12 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Wednesday, December 11th. This is a boost from First US Bancshares’s previous quarterly dividend of $0.02.

Shares of FUSB opened at $10.62 on Monday. First US Bancshares has a 1-year low of $7.60 and a 1-year high of $10.80. The stock has a market cap of $66.08 million, a PE ratio of 14.96 and a beta of 1.08. The firm has a fifty day moving average price of $10.01 and a 200 day moving average price of $9.40.

A number of analysts have recently commented on FUSB shares. TheStreet upgraded First US Bancshares from a “c+” rating to a “b-” rating in a research report on Thursday. ValuEngine downgraded First US Bancshares from a “hold” rating to a “sell” rating in a report on Wednesday, November 6th.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company accepts deposit products, such as non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.

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Dividend History for First US Bancshares (NASDAQ:FUSB)

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