United Bancshares, Inc. (NASDAQ:UBOH) announced a quarterly dividend on Thursday, January 21st, Zacks reports. Stockholders of record on Friday, February 26th will be paid a dividend of 0.16 per share by the bank on Monday, March 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, February 25th.
United Bancshares has raised its dividend by 6.3% over the last three years and has increased its dividend annually for the last 1 consecutive years.
NASDAQ:UBOH opened at $24.54 on Tuesday. The firm has a market cap of $80.29 million, a PE ratio of 4.98 and a beta of 0.84. The stock has a fifty day moving average price of $24.30 and a 200 day moving average price of $22.14. United Bancshares has a 12-month low of $12.60 and a 12-month high of $26.93. The company has a current ratio of 0.88, a quick ratio of 0.84 and a debt-to-equity ratio of 0.51.
United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking 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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