United Bancorporation of Alabama, Inc. Plans $0.60 Dividend

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) announced a dividend on December 17th. Shareholders on record as of December 31st will receive a dividend payment of $0.60 per share. This payment will be processed on January 16th. The ex-dividend date is also set for December 31st. This new dividend reflects an increase from the previous dividend amount of $0.35.

United Bancorporation of Alabama Stock Performance

The stock of United Bancorporation of Alabama opened at $56.11 on Friday. Over the past year, the stock has reached a low of $39.80 and a high of $59.99. The company holds a debt-to-equity ratio of 0.23, with quick and current ratios both standing at 0.94. Its market capitalization is approximately $200.20 million, and it has a price-to-earnings (PE) ratio of 6.58. The stock’s beta value is 0.42, indicating low volatility. Presently, the 50-day simple moving average for the stock is $56.74, while the 200-day simple moving average is $52.24.

United Bancorporation of Alabama's latest quarterly earnings were reported on October 25th. The company posted earnings of $1.57 per share, falling short of analyst expectations, which averaged $1.67, by $0.10. The company reported a return on equity of 22.48% and a net margin of 31.02%. For that quarter, revenue was reported at $22.67 million. Analysts predict the company will achieve an EPS of 6.88 for the current year.

Company Overview

United Bancorporation of Alabama, Inc. operates as a bank holding company for United Bank, providing various banking services. The offerings include checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, and merchant services among others.

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