Adjusting to Decreased Performance: United Security Responds to Investor Concerns with Thoughtful Adjustments
By the end of today, October 25, 2023, United Security (NASDAQ:UBFO) is set to deliver a dividend payout of $0.12 per share, equating to an annualized dividend yield of 6.66%. The company's dividend payout went ex-dividend on October 06, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
United Security Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-06 | 4 | $0.12 | 6.66% | 2023-09-27 | 2023-10-10 | 2023-10-25 |
| 2023-07-07 | 4 | $0.12 | 7.44% | 2023-06-27 | 2023-07-10 | 2023-07-24 |
| 2023-04-05 | 4 | $0.11 | 6.97% | 2023-03-29 | 2023-04-07 | 2023-04-21 |
| 2023-01-03 | 4 | $0.11 | 6.22% | 2022-12-21 | 2023-01-04 | 2023-01-19 |
| 2022-10-07 | 4 | $0.11 | 6.66% | 2022-09-27 | 2022-10-11 | 2022-10-25 |
| 2022-07-07 | 4 | $0.11 | 5.96% | 2022-06-28 | 2022-07-08 | 2022-07-22 |
| 2022-04-05 | 4 | $0.11 | 5.12% | 2022-03-22 | 2022-04-06 | 2022-04-18 |
| 2021-12-31 | 4 | $0.11 | 5.46% | 2021-12-12 | 2022-01-03 | 2022-01-18 |
| 2021-10-08 | 4 | $0.11 | 5.5% | 2021-09-30 | 2021-10-12 | 2021-10-25 |
| 2021-07-02 | 4 | $0.11 | 5.53% | 2021-06-23 | 2021-07-06 | 2021-07-16 |
| 2021-04-05 | 4 | $0.11 | 5.28% | 2021-03-24 | 2021-04-06 | 2021-04-16 |
| 2020-12-31 | 4 | $0.11 | 6.07% | 2020-12-15 | 2021-01-04 | 2021-01-19 |
United Security's dividend yield falls in the middle range when compared to its industry peers, with Ames National (NASDAQ:ATLO) having the highest annualized dividend yield at 7.15%.
Analyzing United Security Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company maintained a consistent dividend per share of $0.44. This signifies the company's dedication to a stable dividend policy, which is reassuring for shareholders seeking reliable returns on their investments.
YoY Earnings Growth For United Security
From 2019 to 2022, United Security experienced a decrease in earnings per share, dropping from $0.94 to $0.80. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
This article provides an in-depth analysis of United Security's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.12 per share, resulting in an annualized dividend yield of 6.66%.
United Security's dividend yield falls in the middle range when compared to its industry peers, with Ames National having the highest annualized dividend yield at 7.15%.
Despite no adjustment in the dividend per share over the period of 2019 to 2022, the consistent decrease in earnings per share for United Security highlights a deteriorating financial status, potentially impacting the company's ability to share profits with its investors.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[See current stock movements United Security on Benzinga.](https://www.benzinga.com/quote/United Security (NASDAQ: UBFO))
This article was generated by Benzinga's automated content engine and reviewed by an editor.