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United Security Bancshares Declares Quarterly Cash Dividend

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United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, has announced a regular quarterly cash dividend of $0.12 per share on its common stock. The dividend was declared by the Board of Directors on September 24, 2024. Shareholders of record as of October 7, 2024, will be eligible to receive the dividend, which is scheduled for payment on October 23, 2024. This announcement demonstrates the company's commitment to providing consistent returns to its shareholders and may be viewed as a positive indicator of the company's financial health and stability.

United Security Bancshares (NASDAQ: UBFO), la società madre di United Security Bank, ha annunciato un dividendo in contante trimestrale regolare di $0,12 per azione sulle sue azioni ordinarie. Il dividendo è stato dichiarato dal Consiglio di Amministrazione il 24 settembre 2024. Gli azionisti registrati al 7 ottobre 2024 saranno idonei a ricevere il dividendo, previsto per il pagamento il 23 ottobre 2024. Questo annuncio dimostra l'impegno dell'azienda a fornire rendimenti costanti ai suoi azionisti e può essere visto come un indicatore positivo della salute e stabilità finanziaria dell'azienda.

United Security Bancshares (NASDAQ: UBFO), la empresa matriz de United Security Bank, ha anunciado un dividendo en efectivo trimestral regular de $0.12 por acción sobre sus acciones ordinarias. El dividendo fue declarado por la Junta Directiva el 24 de septiembre de 2024. Los accionistas registrados a partir del 7 de octubre de 2024 serán elegibles para recibir el dividendo, que está programado para pagarse el 23 de octubre de 2024. Este anuncio demuestra el compromiso de la empresa de proporcionar rendimientos consistentes a sus accionistas y puede ser visto como un indicador positivo de la salud y estabilidad financiera de la empresa.

United Security Bancshares (NASDAQ: UBFO), United Security Bank의 모회사,가 $0.12의 분기별 현금 배당금을 보통주에 대해 발표했습니다. 이 배당금은 2024년 9월 24일 이사회의 결의에 따라 선언되었습니다. 2024년 10월 7일 기준의 주주가 배당금을 받을 수 있으며, 지급일은 2024년 10월 23일로 예정되어 있습니다. 이 발표는 회사가 주주들에게 지속적인 수익을 제공하겠다는 의지를 보여주며, 회사의 재무 건전성과 안정성에 대한 긍정적인 지표로 여겨질 수 있습니다.

United Security Bancshares (NASDAQ: UBFO), la société mère de United Security Bank, a annoncé un dividende trimestriel en espèces régulier de 0,12 $ par action sur ses actions ordinaires. Le dividende a été déclaré par le Conseil d'Administration le 24 septembre 2024. Les actionnaires enregistrés au 7 octobre 2024 seront éligibles pour recevoir le dividende, qui est prévu pour paiement le 23 octobre 2024. Cette annonce montre l'engagement de l'entreprise à fournir des rendements constants à ses actionnaires et peut être considérée comme un indicateur positif de la santé et de la stabilité financière de l'entreprise.

Die United Security Bancshares (NASDAQ: UBFO), die Muttergesellschaft der United Security Bank, hat eine reguläre vierteljährliche Bardividende von 0,12 $ pro Aktie auf ihre Stammaktien angekündigt. Die Dividende wurde am 24. September 2024 vom Vorstand erklärt. Aktionäre, die am 7. Oktober 2024 im Aktienregister stehen, haben Anspruch auf die Dividende, die am 23. Oktober 2024 zur Zahlung fällig ist. Diese Ankündigung zeigt das Engagement des Unternehmens, seinen Aktionären konsistente Renditen zu bieten, und kann als positives Indiz für die finanzielle Gesundheit und Stabilität des Unternehmens angesehen werden.

Positive
  • Regular quarterly dividend of $0.12 per share declared
  • Consistent dividend payments indicate financial stability
  • Shareholders receive direct income from investment
Negative
  • None.

FRESNO, Calif.--(BUSINESS WIRE)-- On September 24, 2024, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on October 23, 2024, to shareholders of record as of October 7, 2024.

About United Security Bancshares

United Security Bancshares (NASDAQ: UBFO) is the holding company for United Security Bank, which was founded in 1987. United Security Bank is headquartered in Fresno and operates 13 full-service branch offices in Fresno, Bakersfield, Campbell, Caruthers, Coalinga, Firebaugh, Mendota, Oakhurst, San Joaquin, and Taft. Additionally, United Security Bank operates Commercial Real Estate Construction, Commercial Lending, and Consumer Lending departments. For more information, please visit www.unitedsecuritybank.com.

FORWARD-LOOKING STATEMENTS

Certain statements made in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include projections, predictions, expectations, or beliefs about events or results or otherwise are not statements of historical facts, such as statements about the Company’s board or its structure. Although the Company believes that its expectations with respect to such forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results, performance, or achievements of the Company will not differ materially from those expressed or implied by such forward-looking statements. For a more complete discussion of these risks and uncertainties, see the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, particularly the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Readers should carefully review all disclosures the Company files from time to time with the Securities and Exchange Commission.

Dave Kinross

SVP CFO

United Security Bancshares

559-490-6261

Source: United Security Bancshares

FAQ

What is the dividend amount declared by United Security Bancshares (UBFO)?

United Security Bancshares (UBFO) declared a regular quarterly cash dividend of $0.12 per share on the Company's common stock.

When will United Security Bancshares (UBFO) pay the declared dividend?

The dividend is payable on October 23, 2024, to shareholders of record as of October 7, 2024.

What is the record date for United Security Bancshares' (UBFO) latest dividend?

The record date for United Security Bancshares' (UBFO) latest dividend is October 7, 2024.

When did United Security Bancshares (UBFO) declare its latest quarterly dividend?

United Security Bancshares (UBFO) declared its latest quarterly dividend on September 24, 2024.

United Security Bancshares

NASDAQ:UBFO

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