United Security Bancshares (NASDAQ:UBFO) Declares Quarterly Dividend of $0.12
United Security Bancshares (NASDAQ:UBFO – Get Free Report) declared a quarterly dividend on Thursday, December 21st, Wall Street Journal reports. Stockholders of record on Wednesday, January 3rd will be given a dividend of 0.12 per share by the financial services provider on Friday, January 19th. This represents a $0.48 annualized dividend and a dividend yield of 5.59%. The ex-dividend date of this dividend is Tuesday, January 2nd.
United Security Bancshares has decreased its dividend by an average of 15.7% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.
United Security Bancshares Price Performance
Shares of United Security Bancshares stock traded up $0.03 on Thursday, hitting $8.58. The company had a trading volume of 50,670 shares, compared to its average volume of 24,905. The business has a 50-day simple moving average of $7.83 and a 200-day simple moving average of $7.30. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $147.06 million, a PE ratio of 7.40 and a beta of 0.63. United Security Bancshares has a 52 week low of $5.50 and a 52 week high of $8.70.
United Security Bancshares (NASDAQ:UBFO – Get Free Report) last released its quarterly earnings results on Monday, October 30th. The financial services provider reported $0.23 earnings per share for the quarter. The business had revenue of $12.04 million during the quarter. United Security Bancshares had a return on equity of 17.31% and a net margin of 31.16%.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of United Security Bancshares in a report on Thursday, October 5th. They set a “hold” rating on the stock.
Check Out Our Latest Research Report on UBFO
Hedge Funds Weigh In On United Security Bancshares
Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in United Security Bancshares by 37.5% during the 3rd quarter. Vanguard Group Inc. now owns 244,175 shares of the financial services provider’s stock worth $1,817,000 after acquiring an additional 66,595 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in United Security Bancshares by 4,392.7% in the third quarter. Tower Research Capital LLC TRC now owns 5,526 shares of the financial services provider’s stock valued at $41,000 after buying an additional 5,403 shares during the period. Alliancebernstein L.P. lifted its stake in United Security Bancshares by 20.6% in the second quarter. Alliancebernstein L.P. now owns 173,621 shares of the financial services provider’s stock valued at $1,156,000 after buying an additional 29,660 shares during the period. BlackRock Inc. boosted its holdings in shares of United Security Bancshares by 60.0% during the 2nd quarter. BlackRock Inc. now owns 99,032 shares of the financial services provider’s stock worth $660,000 after buying an additional 37,130 shares in the last quarter. Finally, BHZ Capital Management LP boosted its holdings in shares of United Security Bancshares by 34.8% during the 1st quarter. BHZ Capital Management LP now owns 25,488 shares of the financial services provider’s stock worth $163,000 after buying an additional 6,584 shares in the last quarter. 34.71% of the stock is owned by institutional investors.
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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Original: MarketBeat News Feed: United Security Bancshares (NASDAQ:UBFO) Declares Quarterly Dividend of $0.12