USCB Financial Holdings, Inc. (USCB) to Issue Quarterly Dividend of $0.13 on March 5th

USCB Financial Holdings, Inc. (NASDAQ:USCB) declared a quarterly dividend on Tuesday, January 20th. Investors of record on Tuesday, February 17th will be paid a dividend of 0.125 per share on Thursday, March 5th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a 25.0% increase from USCB Financial’s previous quarterly dividend of $0.10.

USCB Financial has a payout ratio of 22.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect USCB Financial to earn $1.78 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 22.5%.

USCB Financial Stock Up 5.7%

Shares of USCB Financial stock opened at $20.38 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.87 and a quick ratio of 0.87. USCB Financial has a 1-year low of $15.39 and a 1-year high of $20.53. The business’s fifty day moving average price is $18.64 and its two-hundred day moving average price is $17.72. The company has a market capitalization of $369.08 million, a P/E ratio of 12.98 and a beta of 0.60.

USCB Financial (NASDAQ:USCB) last released its quarterly earnings results on Thursday, October 23rd. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.03. USCB Financial had a return on equity of 14.36% and a net margin of 20.23%.The company had revenue of $24.99 million during the quarter, compared to analysts’ expectations of $25.03 million. As a group, research analysts forecast that USCB Financial will post 1.58 EPS for the current year.

About USCB Financial

USCB Financial (NASDAQ: USCB) is a bank holding company headquartered in Columbia, South Carolina, serving as the parent company of United Security Bank. Established to support community banking in the Midlands region, the company focuses on relationship-driven financial services tailored to both individuals and businesses. As a regional player, USCB Financial emphasizes personalized service through a network of full-service branch offices.

The company’s core business activities include commercial and consumer lending, deposit products and alternative delivery channels.