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

United Bancshares, Inc. (NASDAQ:UBOH) declared a quarterly dividend on Thursday, October 17th,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend is Friday, November 29th.

United Bancshares Price Performance

Shares of United Bancshares stock traded up $0.35 on Wednesday, reaching $22.49. 250 shares of the company traded hands, compared to its average volume of 2,424. The company has a 50 day moving average of $20.78 and a 200 day moving average of $19.69. United Bancshares has a 52 week low of $17.05 and a 52 week high of $22.81. The firm has a market capitalization of $67.02 million, a PE ratio of 7.98 and a beta of 0.35.

United Bancshares (NASDAQ:UBOH) last announced its quarterly earnings data on Thursday, October 17th. The bank reported $0.83 earnings per share for the quarter. The firm had revenue of $10.46 million for 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.