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

United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Tuesday, December 17th,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 annualized dividend and a dividend yield of 4.76%. The ex-dividend date is Thursday, January 2nd.

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

United Security Bancshares Stock Performance

United Security Bancshares stock opened at $10.08 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92. United Security Bancshares has a one year low of $7.02 and a one year high of $10.49. The stock’s 50 day moving average price is $9.55 and its 200 day moving average price is $8.50. The firm has a market capitalization of $174.62 million, a PE ratio of 9.88 and a beta of 0.61.

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

Insider Transactions at United Security Bancshares

In related news, SVP Robert C. Oberg, Jr. sold 4,800 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $9.81, for a total value of $47,088.00. Following the sale, the senior vice president now owns 18,228 shares of the company’s stock, valued at $178,816.68. This trade represents a 20.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 20.10% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on United Security Bancshares in a research note on Thursday, September 5th. They issued a “hold” rating on the stock.

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.