News Spotlight: United Bancorp (NASDAQ:UBCP)

United Bancorp (NASDAQ:UBCP) changed 0.48% to recent value of $14.52. The stock transacted 979 shares during most recent day however it has an average volume of 5.27K shares. It spotted trading -6.68% off 52-week high price. On the other end, the stock has been noted 41.66% away from the low price over the last 52-weeks.

On Feb. 20, 2020, the Board of Directors of United Bancorp (NASDAQ:UBCP) increased the first quarter cash dividend payment to $0.1425 per common share from the previous quarterly cash dividend level of $0.14 per common share.  Scott A. Everson, President and Chief Executive Officer of UBCP indicated, Paying a very solid cash dividend to our loyal shareholders is a primary focus of our Company.  At our current regular cash dividend payout level relative to our market value at the most recently ended quarter, our Company’s stock is generating a forward dividend yield of 3.99%, which is significantly higher than what is presently seen within our industry.  This first quarter dividend payment will be for shareholders of record on March 10, 2020 and payable on March 20, 2020.

United Bancorp is headquartered in Martins Ferry, Ohio and has total assets of $685.7 million and total shareholder’s equity of $59.9 million as of December 31, 2019.  Through its single bank charter, Unified Bank, the Company has nineteen banking offices that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas. The Company also operates a Loan Production Office in Wheeling, WV (Ohio County) and will soon have a full-service office in Moundsville, WV (Marshall County).

UBCP has an operating margin of 75.10% while its profit margin remained 18.80% for the last 12 months. Its earnings per share (EPS) expected to touch remained 12.20% for this year while earning per share for the next 5-years is expected to reach at 16.30%.

The company has 5.91M of outstanding shares and 5.11M shares were floated in the market.  The price moved ahead of 3.66% from the mean of 20 days, 3.93% from mean of 50 days SMA and performed 19.47% from mean of 200 days price. Company’s performance for the week was 3.52%, 1.18% for month and YTD performance remained 1.54%.

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