United Security Bancshares (UBFO) To Go Ex-Dividend on October 7th

United Security Bancshares (NASDAQ:UBFO) declared a quarterly dividend on Wednesday, September 25th, Zacks reports. Shareholders of record on Monday, October 7th will be given a dividend of 0.12 per share by the financial services provider on Wednesday, October 23rd. This represents a $0.48 annualized dividend and a yield of 5.61%. The ex-dividend date is Monday, October 7th.

United Security Bancshares has increased its dividend payment by an average of 1.5% per year over the last three years and has raised its dividend every year for the last 1 years.

United Security Bancshares Stock Up 0.4 %

UBFO opened at $8.55 on Friday. The firm has a market cap of $148.09 million, a P/E ratio of 8.22 and a beta of 0.59. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92. The business has a 50 day moving average price of $8.07 and a 200 day moving average price of $7.59. United Security Bancshares has a twelve month low of $6.82 and a twelve month high of $8.94.

United Security Bancshares (NASDAQ:UBFO) last issued its quarterly earnings data on Thursday, July 18th. The financial services provider reported $0.25 earnings per share for the quarter. United Security Bancshares had a net margin of 26.73% and a return on equity of 14.48%. The business had revenue of $13.04 million during the quarter.

Analysts Set New Price Targets

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

Insider Transactions at United Security Bancshares

In related news, Director Jagroop Gill bought 140,384 shares of the business’s stock in a transaction that occurred on Wednesday, July 24th. The stock was purchased at an average cost of $7.96 per share, for a total transaction of $1,117,456.64. Following the purchase, the director now directly owns 1,220,051 shares in the company, valued at $9,711,605.96. The purchase was disclosed in a filing with the SEC, which is available through this link. Corporate 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.