United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) Announces Dividend Increase – $0.60 Per Share

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) announced a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.60 per share on Thursday, January 16th. The ex-dividend date is Tuesday, December 31st. This is an increase from United Bancorporation of Alabama’s previous dividend of $0.35.

United Bancorporation of Alabama Stock Down 2.0 %

Shares of United Bancorporation of Alabama stock opened at $56.11 on Friday. United Bancorporation of Alabama has a 1 year low of $39.80 and a 1 year high of $59.99. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $200.20 million, a price-to-earnings ratio of 6.58 and a beta of 0.42. The firm’s 50-day moving average is $56.74 and its two-hundred day moving average is $52.24.

United Bancorporation of Alabama (OTCMKTS:UBAB) last announced its quarterly earnings results on Friday, October 25th. The company reported $1.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.10). United Bancorporation of Alabama had a net margin of 31.02% and a return on equity of 22.48%. The company had revenue of $22.67 million during the quarter. As a group, research analysts expect that United Bancorporation of Alabama will post 6.88 earnings per share for the current fiscal year.

About United Bancorporation of Alabama

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.