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United Bancorp, Inc. Increases its Second Quarter Cash Dividend Payment to $0.1750 per Share, Which Produces a Forward Yield of 4.84%, and Reports on Annual Shareholder Meeting

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United Bancorp, Inc. increases its second quarter cash dividend payment to $0.1750 per share, resulting in a forward yield of 4.84%. The company reported on its annual shareholder meeting where new directors were elected. United Bancorp, Inc. has total assets of $819.4 million and total shareholder's equity of $63.6 million as of December 31, 2023.
United Bancorp, Inc. ha aumentato il suo dividendo in contanti per il secondo trimestre a $0,1750 per azione, risultando in un rendimento futuro del 4,84%. La società ha riferito durante la sua assemblea annuale degli azionisti dove sono stati eletti nuovi direttori. United Bancorp, Inc. possiede attivi totali per $819,4 milioni e un totale di patrimonio netto degli azionisti di $63,6 milioni al 31 dicembre 2023.
United Bancorp, Inc. ha incrementado su dividendo en efectivo para el segundo trimestre a $0,1750 por acción, lo que resulta en un rendimiento a futuro del 4,84%. La compañía informó en su junta anual de accionistas donde fueron elegidos nuevos directores. United Bancorp, Inc. tiene activos totales de $819,4 millones y un total de patrimonio de los accionistas de $63,6 millones al 31 de diciembre de 2023.
United Bancorp, Inc.는 주당 $0.1750의 두 번째 분기 현금 배당금을 증가시켜, 4.84%의 전망 배당률을 나타냈습니다. 이 회사는 새 이사들이 선출된 연례 주주총회에서 보고하였습니다. 2023년 12월 31일 기준으로 United Bancorp, Inc.의 총 자산은 $819.4백만이고, 주주 자본 총액은 $63.6백만입니다.
United Bancorp, Inc. a augmenté son dividende en espèces pour le deuxième trimestre à $0,1750 par action, ce qui représente un rendement futur de 4,84%. La société a rapporté lors de son assemblée générale annuelle où de nouveaux directeurs ont été élus. United Bancorp, Inc. a des actifs totaux de $819,4 millions et un total des capitaux propres des actionnaires de $63,6 millions au 31 décembre 2023.
United Bancorp, Inc. hat seine Bardividende für das zweite Quartal auf $0,1750 pro Aktie erhöht, was einer zukünftigen Rendite von 4,84% entspricht. Das Unternehmen berichtete auf seiner jährlichen Hauptversammlung, bei der neue Direktoren gewählt wurden. United Bancorp, Inc. verfügt über Gesamtaktiva von $819,4 Millionen und eine Gesamtaktionärsbilanz von $63,6 Millionen zum 31. Dezember 2023.
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MARTINS FERRY, OH / ACCESSWIRE / April 18, 2024 / On April 17, 2024, the Board of Directors of United Bancorp, Inc. (NASDAQ:UBCP) declared a second quarter dividend payment of $0.1750 per share for shareholders of record on June 10, 2024 with a payment date of June 20, 2024. This is an increase of $0.01, or 6.1%, over the regular cash dividend paid in the second quarter of last year. In the first two quarters of the current year, UBCP has paid total cash dividends of $0.4975 (inclusive of a special cash dividend of $0.15 paid in the first quarter). At the second quarter payment level, the regular cash dividend produces a forward yield of 4.84% based on UBCP's market value of $14.47 at the most recent quarter-end.

Scott A. Everson, President and CEO announced at the annual meeting held that date, the Shareholders of UBCP elected Directors for the following year including himself; Gary W. Glessner, CPA and Managing Member of Glessner and Associates, PLLC, Wheeling, West Virginia; Brian M. Hendershot, President, Ohio-West Virginia Excavating, Shadyside, Ohio; John M. Hoopingarner, Of Counsel, McMahon, DeGulis LLP, Columbus, Cleveland and Cincinnati, Ohio; Richard L. Riesbeck, Chairman of the UBCP Board of Directors and President, Riesbeck Food Markets, Inc., St. Clairsville, Ohio and Bethany E. Schunn, Plant Manager, Cardinal Operating Company, Brilliant, Ohio.

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of $819.4 million and total shareholder's equity of $63.6 million as of December 31, 2023. Through its single bank charter, Unified Bank, the Company has eighteen banking offices that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas and Marshall County in West Virginia. United Bancorp, Inc. trades on the NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.

Contact:

Scott A. Everson
President and CEO
(740) 633-0445 Ext. 6154
ceo@unitedbancorp.com

Randall M. Greenwood
Senior Vice President, CFO and Treasurer
(740) 633-0445 Ext. 6181
cfo@unitedbancorp.com

SOURCE: United Bancorp, Inc. (Ohio)



View the original press release on accesswire.com

FAQ

What is the new second quarter cash dividend payment for United Bancorp, Inc.?

United Bancorp, Inc. increased its second quarter cash dividend payment to $0.1750 per share.

What is the forward yield of the second quarter cash dividend payment for United Bancorp, Inc.?

The forward yield of the second quarter cash dividend payment for United Bancorp, Inc. is 4.84%.

Who were the newly elected directors at the annual shareholder meeting of United Bancorp, Inc.?

The newly elected directors at the annual shareholder meeting of United Bancorp, Inc. include Scott A. Everson, Gary W. Glessner, Brian M. Hendershot, John M. Hoopingarner, Richard L. Riesbeck, and Bethany E. Schunn.

What are the total assets and total shareholder's equity of United Bancorp, Inc. as of December 31, 2023?

United Bancorp, Inc. has total assets of $819.4 million and total shareholder's equity of $63.6 million as of December 31, 2023.

Where is United Bancorp, Inc. headquartered?

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio.

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