United Security Bancshares's most recent quarterly cash dividend of $0.12 per share was issued to shareholders on record before Apr 5, 2024. The payout stands at $0.48 per share annually, which works out to a dividend yield of 6.69%.
UBFO has a dividend yield of 6.69% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.41%, United Security Bancshares's dividend yield is 96% higher. The current dividend yield is above the historical average of 6.0% of the last 5 years.
United Security Bancshares has a dividend history dating as far as 1999, but consistently the company has been paying dividends for the last seven consecutive years. According to our data UBFO has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 9% for the last twelve months. However since the stock price has gone up by 27% from a year ago, the dividend yield has decreased by 14%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 5, 2024 | Apr 22, 2024 | Mar 27, 2024 | $0.12 | normal |
| Jan 2, 2024 | Jan 19, 2024 | Dec 19, 2023 | $0.12 | normal |
| Oct 6, 2023 | Oct 25, 2023 | Sep 26, 2023 | $0.12 | normal |
| Jul 7, 2023 | Jul 24, 2023 | Jun 28, 2023 | $0.12 | normal |
| Apr 5, 2023 | Apr 21, 2023 | Mar 29, 2023 | $0.11 | normal |
| Jan 3, 2023 | Jan 19, 2023 | Dec 21, 2022 | $0.11 | normal |
| Oct 7, 2022 | Oct 25, 2022 | Sep 27, 2022 | $0.11 | normal |
| Jul 7, 2022 | Jul 22, 2022 | Jun 28, 2022 | $0.11 | normal |
| Apr 5, 2022 | Apr 18, 2022 | Mar 22, 2022 | $0.11 | normal |
| Dec 31, 2021 | Jan 18, 2022 | Dec 14, 2021 | $0.11 | normal |
| Oct 8, 2021 | Oct 25, 2021 | Sep 30, 2021 | $0.11 | normal |
| Jul 2, 2021 | Jul 16, 2021 | Jun 22, 2021 | $0.11 | normal |
| Apr 5, 2021 | Apr 16, 2021 | Mar 24, 2021 | $0.11 | normal |
| Dec 31, 2020 | Jan 19, 2021 | Dec 16, 2020 | $0.11 | normal |
| Oct 5, 2020 | Oct 16, 2020 | Sep 23, 2020 | $0.11 | normal |
| Jul 2, 2020 | Jul 15, 2020 | Jun 24, 2020 | $0.11 | normal |
| Apr 3, 2020 | Apr 15, 2020 | Mar 24, 2020 | $0.11 | normal |
| Dec 31, 2019 | Jan 14, 2020 | Dec 17, 2019 | $0.11 | normal |
| Oct 7, 2019 | Oct 18, 2019 | Sep 24, 2019 | $0.11 | normal |
| Jul 5, 2019 | Jul 18, 2019 | Jun 25, 2019 | $0.11 | normal |
| Apr 5, 2019 | Apr 17, 2019 | Mar 26, 2019 | $0.11 | normal |
| Jan 2, 2019 | Jan 15, 2019 | Dec 18, 2018 | $0.11 | normal |
| Oct 5, 2018 | Oct 19, 2018 | Sep 25, 2018 | $0.1 | normal |
| Jul 6, 2018 | Jul 19, 2018 | Jun 26, 2018 | $0.09 | normal |
| Apr 6, 2018 | Apr 19, 2018 | Mar 27, 2018 | $0.09 | normal |
| Jan 3, 2018 | Jan 16, 2018 | Dec 19, 2017 | $0.07 | normal |
| Oct 6, 2017 | Oct 19, 2017 | Sep 26, 2017 | $0.07 | normal |
| Jul 5, 2017 | Jul 21, 2017 | Jun 27, 2017 | $0.05 | normal |
| May 4, 2017 | May 17, 2017 | Apr 25, 2017 | $0.05 | normal |
UBFO has a payout ratio of 41.4% which is higher than the Financial Services sector, the industry and its peers average. But if we consider the Financial Services sector average of 39.6%, United Security Bancshares's payout ratio is only 4.5% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UBFO United Security Bancshares | 6.69% | $0.48 | 41.4% |
| HTBK Heritage Commerce Corp | 6.33% | $0.52 | 49.1% |
| HAFC Hanmi Financial Corp | 6.29% | $1 | 38% |
| CVBF Cvb Financial Corp | 4.73% | $0.8 | 50.3% |
| BSRR Sierra Bancorp | 4.4% | $0.92 | 38.8% |
| WABC Westamerica Bancorporation | 3.58% | $1.74 | 28.7% |
Yes, United Security Bancshares has been paying dividends for the last seven years.
At this point we don't have a record of UBFO's next dividend date, but based on the current dividend schedule we project that it will likely be in July 2024.
United Security Bancshares's last dividend ex-date was on Apr 5, 2024. The dividend amount was $0.12 per share.
UBFO's annualized dividend per share is $0.48.
The current dividend yield of United Security Bancshares is 6.69%.
United Security Bancshares pays four dividends per year.
United Security Bancshares's dividend payout ratio is 41.4%.
United Security Bancshares's dividend yield is above the Financial Services sector average.