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

United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Tuesday, September 24th, Zacks reports. Shareholders of record on Monday, October 7th will be paid 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 5.52%. 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.

United Security Bancshares Stock Up 1.5 %

United Security Bancshares stock opened at $8.70 on Friday. The company has a 50 day moving average of $8.13 and a 200-day moving average of $7.63. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.09. United Security Bancshares has a twelve month low of $6.82 and a twelve month high of $8.94. The stock has a market capitalization of $150.64 million, a PE ratio of 8.37 and a beta of 0.59.

United Security Bancshares (NASDAQ:UBFO) last announced its earnings results 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 firm had revenue of $13.04 million during the quarter.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on United Security Bancshares in a research note on Thursday, September 5th. They issued a “hold” rating on the stock.

Insider Transactions at United Security Bancshares

In other United Security Bancshares news, Director Jagroop Gill purchased 140,384 shares of the stock in a transaction on Wednesday, July 24th. The shares were 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 owns 1,220,051 shares of the company’s stock, valued at approximately $9,711,605.96. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 20.10% of the stock is currently owned by insiders.

About United Security Bancshares

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.