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

United Security Bancshares (NASDAQ:UBFO) declared a quarterly dividend on Thursday, December 19th,Wall Street Journal reports. Investors of record on Thursday, January 2nd will be paid a dividend of 0.12 per share by the financial services provider on Friday, January 17th. This represents a $0.48 annualized dividend and a yield of 4.81%. The ex-dividend date is Thursday, January 2nd.

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

United Security Bancshares Stock Performance

UBFO opened at $9.98 on Friday. The firm has a fifty day moving average price of $9.37 and a 200 day moving average price of $8.36. United Security Bancshares has a 1 year low of $7.02 and a 1 year high of $10.49. The stock has a market cap of $172.88 million, a P/E ratio of 9.78 and a beta of 0.61. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92.

United Security Bancshares (NASDAQ:UBFO) last released its quarterly earnings results on Friday, October 18th. The financial services provider reported $0.22 earnings per share for the quarter. The company had revenue of $13.84 million during the quarter. United Security Bancshares had a return on equity of 13.96% and a net margin of 25.78%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on United Security Bancshares in a report on Thursday, September 5th. They set a “hold” rating for the company.

Insider Activity

In other United Security Bancshares news, SVP Robert C. Oberg, Jr. sold 4,800 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $9.81, for a total value of $47,088.00. Following the transaction, the senior vice president now directly owns 18,228 shares in the company, valued at $178,816.68. The trade was a 20.84 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 20.10% of the company’s stock.

United Security Bancshares Company Profile

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.