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United Bancorp, Inc. declares cash dividend.

MARTINS FERRY, Ohio: The United Bancorp, Inc. Board of Directors declared a fourth quarter cash dividend of $0.13, which is payable on December 20, 2018, to shareholders of record on December 10, 2018.

The regular cash dividend produces a forward yield of 3.95% based on the market value at the most recent quarter end and represents an increase during the current year of $0.06, or 13.04%, over the regular cash dividend payout in 2017.

The United Bancorp, Inc. Board of Directors approved this special cash dividend based on the Company's solid earnings and strong capital position. With the regular cash dividend and this special dividend payout, United Bancorp, Inc. will pay total cash dividends of $0.57 per common share in 2018. In addition to this regular cash dividend payment, the Board of Directors of United Bancorp, Inc. also approved a special dividend of $0.05 per common share, which will be payable on December 28, 2018, to shareholders of record on December 10, 2018.

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Publication:Daily the Pak Banker (Lahore, Pakistan)
Date:Nov 28, 2018
Words:169
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