United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) Announces Dividend Increase – $0.60 Per Share

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) declared a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.60 per share on Thursday, January 16th. The ex-dividend date of this dividend is Tuesday, December 31st. This is an increase from United Bancorporation of Alabama’s previous dividend of $0.35.

United Bancorporation of Alabama Stock Performance

UBAB stock traded down $1.16 on Friday, hitting $56.11. The company had a trading volume of 229 shares, compared to its average volume of 2,577. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. United Bancorporation of Alabama has a 12-month low of $39.80 and a 12-month high of $59.99. The stock has a market cap of $200.20 million, a price-to-earnings ratio of 6.58 and a beta of 0.42. The stock’s 50-day simple moving average is $56.74 and its 200 day simple moving average is $52.24.

United Bancorporation of Alabama (OTCMKTS:UBAB) last issued its quarterly earnings data on Friday, October 25th. The company reported $1.57 EPS for the quarter, missing the consensus estimate of $1.67 by ($0.10). United Bancorporation of Alabama had a return on equity of 22.48% and a net margin of 31.02%. The firm had revenue of $22.67 million during the quarter. As a group, equities research analysts expect that United Bancorporation of Alabama will post 6.88 earnings per share for the current fiscal year.

United Bancorporation of Alabama Company Profile

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.