United Bancorp board approves special dividend of 17.5c per share

In addition to this regular cash dividend payment, the Board of Directors approved a one-time, special dividend of $0.1750 per common share, which is payable on March 20, 2025 to shareholders of record on March 10, 2025. This is an increase of $0.025, or 16.7%, over the special dividend payment amount paid the previous year. The Board of Directors approved this special cash dividend based on the Company’s continued solid earnings, ample liquidity and strong capital position. At the current quarterly cash dividend payment level on a forward basis and inclusive of this special dividend payment, United Bancorp (UBCP), Inc. is projected to pay cash dividends of $0.9050 in the current year.