United Bancshares, Inc. (NASDAQ:UBOH) to Issue Quarterly Dividend of $0.22

United Bancshares, Inc. (NASDAQ:UBOH) announced a quarterly dividend on Thursday, October 17th,NASDAQ Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.22 per share by the bank on Monday, December 16th. This represents a $0.88 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date is Friday, November 29th.

United Bancshares Stock Performance

United Bancshares stock traded up $0.35 during trading hours on Wednesday, hitting $22.49. 250 shares of the stock were exchanged, compared to its average volume of 2,424. The stock has a market capitalization of $67.02 million, a P/E ratio of 7.98 and a beta of 0.35. United Bancshares has a 12 month low of $17.05 and a 12 month high of $22.81. The business’s 50-day moving average is $20.78 and its two-hundred day moving average is $19.69.

United Bancshares (NASDAQ:UBOH) last released its earnings results on Thursday, October 17th. The bank reported $0.83 earnings per share for the quarter. The business had revenue of $10.46 million for the quarter.

About United Bancshares

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.