United Security Bancshares (NASDAQ:UBFO) will issue a dividend of $0.11
United Security Bancshares (NASDAQ:UBFO – Get Rating) declared a dividend on Thursday, June 30, Fidelity reports. Shareholders of record on Friday, July 8 will receive a dividend of 0.11 per share from the financial services provider on Friday, July 22. The ex-dividend date is Thursday, July 7.
United Security Bancshares has increased its dividend by an average of 4.1% per year over the past three years.
Shares of United Security Bancshares traded down $0.21 during Friday trading hours, hitting $7.41. The stock recorded trading volume of 2,462 shares, compared to an average trading volume of 9,023 shares. The company has a debt ratio of 0.10, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $126.22 million, a price/earnings ratio of 11.40 and a beta of 0.72. United Security Bancshares has a 1-year low of $7.24 and a 1-year high of $8.74. The stock’s fifty-day moving average is $7.64 and its two-hundred-day moving average is $8.03.
United Security Bancshares (NASDAQ:UBFO – Get Rating) last released its results on Wednesday, April 20. The financial services provider reported earnings per share of $0.14 for the quarter. The company had revenue of $9.23 million for the quarter. United Security Bancshares had a return on equity of 9.45% and a net margin of 26.16%.
A number of hedge funds and other institutional investors have recently changed their holdings in the company. UBS Group AG increased its position in shares of United Security Bancshares by 80.5% in the first quarter. UBS Group AG now owns 7,542 shares of the financial services provider worth $63,000 after acquiring 3,363 additional shares last quarter. Goldman Sachs Group Inc. increased its position in United Security Bancshares shares by 19.6% in the first quarter. Goldman Sachs Group Inc. now owns 22,364 shares of the financial services provider worth $186,000 after acquiring 3,668 additional shares last quarter. American Century Companies Inc. increased its position in shares of United Security Bancshares by 29.7% in the 1st quarter. American Century Companies Inc. now owns 66,340 shares of the financial services provider worth $551,000 after acquiring 15,205 additional shares last quarter. Finally, Vanguard Group Inc. increased its position in shares of United Security Bancshares by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 561,235 shares of the financial services provider worth $4,659,000 after acquiring an additional 16,246 shares last quarter. Hedge funds and other institutional investors own 37.02% of the company’s shares.
Separately, StockNews.com began covering United Security Bancshares in a research report on Thursday. They have set a “holding” rating on the stock.
About United Security Bancshares (Get an assessment)
United Security Bancshares operates as a bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to businesses and the professional community, as well as individuals in California. The Company accepts a variety of deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable promissory withdrawal accounts, money market accounts and term deposit certificates.
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