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United Bancorp, Inc. Declares its Third Quarter Regular Cash Dividend Payment at $0.13 per Share, which produces a Forward Yield of 3.85%

MARTINS FERRY, Ohio , Aug. 23, 2018 /PRNewswire/ -- On August 22, 2018 , the Board of Directors of United Bancorp, Inc. ( UBCP ) declared the third quarter dividend payment of $0.13 per share for shareholders of record on September 10, 2018 with a payment date of September 20 , 2018.  With this third quarter cash dividend payment, United Bancorp, Inc. has paid cash dividends of $0.39 in 2018 versus $0.34 paid for the same period in 2017, an increase of $0.05 or 14.7%.  At this present cash dividend payout level, the forward yield is 3.85% based on the most recent quarter-ending market price.

United Bancorp, Inc. logo (PRNewsfoto/United Bancorp, Inc.)

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of $515 million and total shareholder's equity of $45 million as of June 30 , 2018.  Through its single bank charter, Unified Bank, the Company has eighteen banking offices that serve the Ohio Counties of Athens , Belmont , Carroll , Fairfield , Harrison , Jefferson and Tuscarawas . The Company also operates a Loan Production Office in Wheeling , WV.  United Bancorp, Inc. is a part of the Russell Microcap Index and trades on the NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.

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