United Security Bancshares (UBFO) To Go Ex-Dividend on April 5th

United Security Bancshares (NASDAQ:UBFOGet Free Report) announced a quarterly dividend on Wednesday, March 27th, investing.com reports. Shareholders of record on Monday, April 8th will be paid a dividend of 0.12 per share by the financial services provider on Monday, April 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 6.58%. The ex-dividend date is Friday, April 5th.

United Security Bancshares has raised its dividend payment by an average of 1.5% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

United Security Bancshares Stock Down 3.2 %

Shares of NASDAQ:UBFO opened at $7.29 on Wednesday. The business’s 50-day moving average is $7.58 and its 200-day moving average is $7.70. United Security Bancshares has a 1 year low of $5.50 and a 1 year high of $8.74. The company has a market capitalization of $125.83 million, a price-to-earnings ratio of 6.28 and a beta of 0.60. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.89 and a quick ratio of 0.89.

United Security Bancshares (NASDAQ:UBFOGet Free Report) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.31 EPS for the quarter. The business had revenue of $14.95 million during the quarter. United Security Bancshares had a net margin of 30.02% and a return on equity of 16.99%.

Institutional Investors Weigh In On United Security Bancshares

A number of hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in shares of United Security Bancshares by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 838,268 shares of the financial services provider’s stock worth $5,466,000 after purchasing an additional 2,415 shares in the last quarter. State Street Corp raised its holdings in shares of United Security Bancshares by 5.6% in the 2nd quarter. State Street Corp now owns 49,027 shares of the financial services provider’s stock worth $374,000 after acquiring an additional 2,583 shares during the last quarter. UBS Group AG lifted its position in United Security Bancshares by 80.5% in the 1st quarter. UBS Group AG now owns 7,542 shares of the financial services provider’s stock valued at $63,000 after acquiring an additional 3,363 shares in the last quarter. Bridgeway Capital Management LLC boosted its stake in United Security Bancshares by 2.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 126,499 shares of the financial services provider’s stock valued at $1,064,000 after purchasing an additional 3,624 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in United Security Bancshares by 19.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 22,364 shares of the financial services provider’s stock worth $186,000 after purchasing an additional 3,668 shares in the last quarter. Institutional investors and hedge funds own 30.88% of the company’s stock.

About United Security Bancshares

(Get Free Report)

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.

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Dividend History for United Security Bancshares (NASDAQ:UBFO)

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