United Security Bancshares Announces Quarterly Dividend of $0.12 (NASDAQ:UBFO)

United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Tuesday, December 17th,Wall Street Journal reports. Shareholders of record on Thursday, January 2nd will be given a dividend of 0.12 per share by the financial services provider on Friday, January 17th. This represents a $0.48 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend is Thursday, January 2nd.

United Security Bancshares has raised its dividend by an average of 1.5% per year over the last three years.

United Security Bancshares Stock Performance

NASDAQ:UBFO opened at $10.08 on Tuesday. United Security Bancshares has a fifty-two week low of $7.02 and a fifty-two week high of $10.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92. The company has a 50 day moving average price of $9.55 and a 200 day moving average price of $8.50. The stock has a market capitalization of $174.62 million, a P/E ratio of 9.88 and a beta of 0.61.

United Security Bancshares (NASDAQ:UBFO) last released its earnings results on Friday, October 18th. The financial services provider reported $0.22 earnings per share for the quarter. The company had revenue of $13.84 million during the quarter. United Security Bancshares had a return on equity of 13.96% and a net margin of 25.78%.

Insider Activity at United Security Bancshares

In other news, SVP Robert C. Oberg, Jr. sold 4,800 shares of United Security Bancshares stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $9.81, for a total value of $47,088.00. Following the transaction, the senior vice president now directly owns 18,228 shares of the company’s stock, valued at $178,816.68. The trade was a 20.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 20.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on United Security Bancshares in a report on Thursday, September 5th. They set a “hold” rating on the stock.

United Security Bancshares Company Profile

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.