United Bancorp (UBCP) announces third dividend hike for 2024

United Bancorp Inc (UBCP) will hike its quarterly dividend by 1.4% to $0.1775 per share in 2024. This is the third increase announced by the bank this year. The track record is 12 consecutive years of increases for UBCP.

United Community Bank, Inc. (UCBP) has announced its third dividend increase in 2024, raising the quarterly dividend per share by 4.4% to $0.18. This adjustment brings the annual dividend per share to $0.71, resulting in a dividend yield of 5.9%, based on the stock price of $12.21 as of August 26, 2024. The ex-dividend date is scheduled for September 10, 2024. As of the same date, UCBP's year-to-date (YTD) total return stands at -0.9%. UCBP operates as a regional bank.

United Bancorp, Inc. is a bank holding company with a single wholly owned subsidiary, Unified Bank, based in Martins Ferry, Ohio. Unified Bank serves customers across northeastern, eastern, southeastern, and south-central Ohio, as well as the Northern Panhandle of West Virginia, including Marshall County. The bank offers a variety of commercial and retail banking services, such as accepting demand, savings, and time deposits, and providing commercial, real estate, and consumer loans. Unified Bank operates through its main office and operations center in Martins Ferry, Ohio, along with approximately 18 branches in the surrounding counties.