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

United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Thursday, December 19th,Wall Street Journal reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.81%. The ex-dividend date is Thursday, January 2nd.

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

United Security Bancshares Stock Performance

Shares of UBFO stock traded down $0.02 on Thursday, reaching $9.98. The stock had a trading volume of 34,337 shares, compared to its average volume of 20,795. 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 quick ratio of 0.92 and a current ratio of 0.92. The company has a 50 day simple moving average of $9.33 and a 200 day simple moving average of $8.35. United Security Bancshares has a 1 year low of $7.02 and a 1 year high of $10.49.

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

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, SVP Robert C. Oberg, Jr. sold 4,800 shares of United Security Bancshares stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $9.81, for a total value of $47,088.00. Following the sale, the senior vice president now directly owns 18,228 shares of the company’s stock, valued at approximately $178,816.68. The trade was a 20.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 20.10% of the stock is currently owned by company insiders.

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.