United Security Bancshares Announces Strong Quarterly Dividend
United Security Bancshares Declares a Quarterly Cash Dividend
In a recent announcement, the Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, has declared a regular quarterly cash dividend of $0.12 per share on its common stock. This decision reflects the company's commitment to delivering value to its shareholders through consistent dividend payouts.
Dividend Details
The quarterly cash dividend, announced by the Board, is set to be payable on an upcoming date, contributing to the ongoing rewards for shareholders. The dividend payment will be made to those shareholders recorded as of a specified date, marking this financial move as a significant step in the financial journey of United Security Bancshares.
About United Security Bancshares
United Security Bancshares, identified under the ticker NASDAQ: UBFO, serves as the holding entity for United Security Bank, which has been a reliable banking institution since 1987. The bank operates out of Fresno, California, showcasing a robust presence with 13 full-service branch locations spread across various regions including Fresno, Bakersfield, and other nearby areas.
Services Offered
United Security Bank provides a wide array of banking services, including comprehensive options in Commercial Real Estate Construction, Commercial Lending, and Consumer Lending. This diversified service offering positions the bank well in the competitive landscape, catering to both individual and business banking needs.
Growth and Future Prospects
The announcement of the dividend is a testament to the stability and growth strategy of United Security Bancshares. By consistently rewarding shareholders, the company not only reinforces investor confidence but also underlines its commitment to a solid financial foundation.
Corporate Responsibility and Community Engagement
Additionally, the company emphasizes community involvement and financial education, which are pivotal in maintaining their reputation and connection with customers. Engaging actively within the communities they serve allows United Security Bank to understand and anticipate the needs of their clients better, building lasting relationships.
Frequently Asked Questions
What is the announced dividend amount for United Security Bancshares?
The declared dividend amount is $0.12 per share for shareholders of United Security Bancshares' common stock.
When will the dividend be paid?
The dividend is set to be payable on a specified date to shareholders of record as of an earlier date.
What services does United Security Bank offer?
United Security Bank offers various services including commercial real estate construction, commercial lending, and consumer lending, catering to different customer needs.
How does United Security Bancshares maintain customer relationships?
The company focuses on corporate responsibility and community engagement, helping them to connect and understand their clientele better.
What is the ticker symbol for United Security Bancshares?
The company is traded under the ticker symbol NASDAQ: UBFO.
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