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

United Security Bancshares (NASDAQ:UBFOGet Free Report) announced a quarterly dividend on Tuesday, June 25th, Zacks reports. Stockholders of record on Monday, July 8th will be paid a dividend of 0.12 per share by the financial services provider on Tuesday, July 23rd. This represents a $0.48 annualized dividend and a dividend yield of 6.61%. The ex-dividend date is Monday, July 8th.

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

United Security Bancshares Trading Up 0.3 %

Shares of NASDAQ UBFO opened at $7.26 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $125.74 million, a PE ratio of 6.98 and a beta of 0.59. The business has a 50-day moving average price of $7.25 and a two-hundred day moving average price of $7.53. United Security Bancshares has a one year low of $6.44 and a one year high of $8.74.

United Security Bancshares (NASDAQ:UBFOGet Free Report) last released its earnings results on Thursday, April 18th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. United Security Bancshares had a net margin of 27.07% and a return on equity of 14.94%. The company had revenue of $12.77 million during the quarter.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on United Security Bancshares in a research note on Monday, July 1st. They issued a “hold” rating for the company.

Check Out Our Latest Stock Analysis on United Security Bancshares

Insiders Place Their Bets

In related news, Director Jagroop Gill purchased 4,543 shares of the firm’s stock in a transaction dated Thursday, June 6th. The stock was bought at an average price of $7.25 per share, for a total transaction of $32,936.75. Following the purchase, the director now owns 1,071,412 shares in the company, valued at approximately $7,767,737. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have acquired 27,394 shares of company stock valued at $197,794 over the last three months. 20.10% of the stock is currently owned by insiders.

About United Security Bancshares

(Get Free Report)

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.

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Dividend History for United Security Bancshares (NASDAQ:UBFO)

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