dividend
confidence high
sentiment positive
materiality 0.65
United Bancorp raises quarterly dividend 6.2% to $0.1725, declares $0.15 special dividend
UNITED BANCORP INC /OH/
- Regular Q1 dividend increased to $0.1725/share (up 6.2% YoY), payable March 20, 2024 to holders of record March 8, 2024.
- Forward annual regular dividend $0.69/share, producing a forward yield of 5.4% based on recent quarter-end market value.
- Board also declared a one-time special dividend of $0.15/share, payable on same schedule, citing solid earnings and strong capital.
- Combined forward annual dividend (including special) is $0.84/share.
- Company had $819.5M assets and $63.7M equity as of Dec 31, 2023.