United Bancshares, Inc. (NASDAQ:UBOH) to Issue $0.22 Quarterly Dividend

United Bancshares, Inc. (NASDAQ:UBOH) announced a quarterly dividend on Thursday, October 17th,NASDAQ Dividends reports. Investors of record on Friday, November 29th will be paid a dividend of 0.22 per share by the bank on Monday, December 16th. This represents a $0.88 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend is Friday, November 29th.

United Bancshares Stock Up 1.6 %

Shares of UBOH traded up $0.35 during mid-day trading on Wednesday, hitting $22.49. The stock had a trading volume of 250 shares, compared to its average volume of 2,424. The company has a market cap of $67.02 million, a PE ratio of 7.98 and a beta of 0.35. United Bancshares has a fifty-two week low of $17.05 and a fifty-two week high of $22.81. The company’s fifty day simple moving average is $20.78 and its two-hundred day simple moving average is $19.69.

United Bancshares (NASDAQ:UBOH) last issued its earnings results on Thursday, October 17th. The bank reported $0.83 EPS for the quarter. The company had revenue of $10.46 million during the quarter.

About United Bancshares

United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.