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

United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Wednesday, March 27th, investing.com reports. Stockholders of record on Monday, April 8th will be given 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 dividend yield of 6.23%. The ex-dividend date of this dividend is Friday, April 5th.

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

United Security Bancshares Price Performance

UBFO stock opened at $7.71 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 0.89. United Security Bancshares has a 1 year low of $5.50 and a 1 year high of $8.74. The firm has a market cap of $133.07 million, a P/E ratio of 6.65 and a beta of 0.60. The stock has a 50-day simple moving average of $7.62 and a 200-day simple moving average of $7.69.

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

Institutional Investors Weigh In On United Security Bancshares

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in United Security Bancshares by 123.0% during the 4th quarter. Vanguard Group Inc. now owns 544,493 shares of the financial services provider’s stock valued at $4,579,000 after purchasing an additional 300,318 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in United Security Bancshares by 78.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 24,218 shares of the financial services provider’s stock valued at $204,000 after purchasing an additional 10,653 shares in the last quarter. Bridgeway Capital Management LLC grew 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 in the last quarter. Royal Bank of Canada acquired a new stake in United Security Bancshares during the 4th quarter valued at approximately $78,000. Finally, Balyasny Asset Management L.P. acquired a new stake in United Security Bancshares during the 4th quarter valued at approximately $239,000. Institutional investors and hedge funds own 30.88% of the company’s 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.