United Bancorp raises Q4 cash dividend payment to 17c per share

The board of directors of United Bancorp declared a fourth quarter dividend payment of 17c per share for shareholders of record on December 8, with a payment date of December 20. This payment is greater than the regular cash dividends paid in the first three quarters of the current year, which were 16.25c, 16.5c and 16.75c, respectively. With this fourth quarter dividend payment and year-to-date, UBCP has paid total cash dividends of 81.5c inclusive of a special cash dividend of 15c paid in the first quarter, which is an increase of 4c, or 5.2%, over the amount paid during the same period the previous year, the company noted.