First US Bancshares, Inc. (NASDAQ:FUSB) to Issue Quarterly Dividend of $0.05

First US Bancshares, Inc. (NASDAQ:FUSB) announced a quarterly dividend on Wednesday, August 28th, Zacks reports. Investors of record on Friday, September 13th will be paid a dividend of 0.05 per share by the financial services provider on Tuesday, October 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend is Friday, September 13th.

First US Bancshares has increased its dividend payment by an average of 18.6% annually over the last three years and has raised its dividend annually for the last 2 consecutive years.

First US Bancshares Stock Performance

Shares of FUSB opened at $10.78 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 0.90. First US Bancshares has a 1 year low of $7.95 and a 1 year high of $11.19. The firm has a fifty day moving average of $9.96 and a 200-day moving average of $9.98. The company has a market cap of $62.41 million, a price-to-earnings ratio of 8.04 and a beta of 0.91.

First US Bancshares (NASDAQ:FUSB) last posted its earnings results on Wednesday, July 24th. The financial services provider reported $0.34 EPS for the quarter. First US Bancshares had a net margin of 14.34% and a return on equity of 9.47%. The firm had revenue of $10.01 million during the quarter.

Insider Buying and Selling

In other First US Bancshares news, EVP Eric H. Mabowitz sold 5,131 shares of First US Bancshares stock in a transaction on Friday, June 21st. The stock was sold at an average price of $9.85, for a total transaction of $50,540.35. Following the sale, the executive vice president now owns 10,242 shares of the company’s stock, valued at approximately $100,883.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Eric H. Mabowitz sold 5,131 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $9.85, for a total value of $50,540.35. Following the completion of the transaction, the executive vice president now owns 10,242 shares in the company, valued at approximately $100,883.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Eric H. Mabowitz sold 4,242 shares of the firm’s stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $8.90, for a total transaction of $37,753.80. Following the transaction, the executive vice president now directly owns 11,952 shares in the company, valued at approximately $106,372.80. The disclosure for this sale can be found here. Insiders sold 13,723 shares of company stock valued at $132,859 in the last three months. 11.20% of the stock is currently owned by corporate insiders.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.