United Security Bancshares (NASDAQ:UBFO) announced a quarterly dividend on Wednesday, September 27th, NASDAQ reports. Stockholders of record on Tuesday, October 10th will be paid a dividend of 0.07 per share by the financial services provider on Thursday, October 19th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Friday, October 6th. This is a positive change from United Security Bancshares’s previous quarterly dividend of $0.05.
Shares of United Security Bancshares (UBFO) opened at 9.50 on Thursday. The stock’s 50 day moving average price is $9.32 and its 200-day moving average price is $8.94. United Security Bancshares has a 12 month low of $6.04 and a 12 month high of $9.95. The firm has a market cap of $160.31 million, a P/E ratio of 20.39 and a beta of 0.64.
United Security Bancshares (NASDAQ:UBFO) last announced its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.15 earnings per share for the quarter. The company had revenue of $8.74 million for the quarter. United Security Bancshares had a net margin of 22.59% and a return on equity of 8.05%.
In other news, Director Michael T. Woolf purchased 10,000 shares of United Security Bancshares stock in a transaction dated Monday, August 14th. The shares were bought at an average cost of $8.85 per share, with a total value of $88,500.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert Michele Mochizuki purchased 175,000 shares of United Security Bancshares stock in a transaction dated Monday, August 21st. The shares were purchased at an average cost of $8.75 per share, for a total transaction of $1,531,250.00. The disclosure for this purchase can be found here. Company insiders own 23.70% of the company’s stock.
A hedge fund recently bought a new stake in United Security Bancshares stock. California State Teachers Retirement System purchased a new position in shares of United Security Bancshares (NASDAQ:UBFO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,100 shares of the financial services provider’s stock, valued at approximately $214,000. California State Teachers Retirement System owned approximately 0.14% of United Security Bancshares as of its most recent SEC filing. Hedge funds and other institutional investors own 29.04% of the company’s stock.
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About United Security Bancshares
United Security Bancshares is the bank holding company for United Security Bank (the Bank). The Bank is a California state-chartered bank. The Bank operates in the segment of providing banking services to commercial establishments and individuals primarily in the San Joaquin Valley of California. The Bank offers a range of services for commercial customers and account holders, including online banking, mobile banking, safe deposit boxes, automated teller machine (ATM) services, payroll direct deposit, cashier’s checks, traveler’s checks, money orders and foreign drafts.
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