United Bancorporation of Alabama, Inc. operates as the bank holding company for United Bank that provides commercial banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services. It also provides various lending services, such as personal loans, business loans, lines of credit, and equipment loans; real estate loans for the agricultural community, agribusiness loans, and working lines of credit; and overdraft services. In addition, the company offers debit cards, prepaid cards, Visa credit cards, gift cards, and safe deposit boxes. Further, it provides check cashing, convenience, reorder checks, remote deposit, mobile check deposit, personal storage compartments, Web payment options, insurance products, investment and brokerage, and online and mobile banking services. United Bancorporation of Alabama, Inc. was founded in 1904 and is based in Atmore, Alabama.
United Bancorporation of Alabama Dividend Announcement
• United Bancorporation of Alabama announced a semi annually dividend of $0.50 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-06-28
• United Bancorporation of Alabama annual dividend for 2024 was $0.50
• United Bancorporation of Alabama annual dividend for 2023 was $0.60
• United Bancorporation of Alabama's trailing twelve-month (TTM) dividend yield is 1.51%
• United Bancorporation of Alabama's dividend growth over the last five years (2018-2023) was 31.95% year
• United Bancorporation of Alabama's dividend growth over the last ten years (2013-2023) was 18.49% year
United Bancorporation of Alabama Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | $0.50 | semi annually | 2024-07-16 |
2023-12-28 | $0.35 | semi annually | 2024-01-22 |
2023-06-29 | $0.25 | semi annually | 2023-07-17 |
2022-12-29 | $0.22 | semi annually | 2023-01-17 |
2022-06-29 | $0.18 | semi annually | 2022-07-19 |
2021-12-30 | $0.16 | semi annually | 2022-01-14 |
2021-06-29 | $0.12 | semi annually | 2021-07-12 |
2020-12-30 | $0.15 | semi annually | 2021-01-15 |
2020-06-29 | $0.10 | semi annually | 2020-07-15 |
2019-12-30 | $0.13 | semi annually | 2020-01-15 |
2019-06-27 | $0.08 | semi annually | 2019-07-15 |
2018-12-28 | $0.07 | semi annually | 2019-01-15 |
2018-06-28 | $0.07 | semi annually | 2018-07-17 |
2017-12-28 | $0.07 | semi annually | 2018-01-16 |
2017-06-28 | $0.07 | semi annually | 2017-07-17 |
2016-12-28 | $0.07 | semi annually | |
2016-06-28 | $0.07 | semi annually | |
2015-12-29 | $0.07 | semi annually | |
2015-06-26 | $0.07 | semi annually | |
2014-12-29 | $0.07 | semi annually | |
2014-06-26 | $0.07 | semi annually | |
2013-12-27 | $0.06 | semi annually | |
2013-03-13 | $0.05 | semi annually |
United Bancorporation of Alabama Dividend per year
United Bancorporation of Alabama Dividend growth
United Bancorporation of Alabama Dividend Yield
United Bancorporation of Alabama current trailing twelve-month (TTM) dividend yield is 1.51%. Interested in purchasing United Bancorporation of Alabama stock? Use our calculator to estimate your expected dividend yield:
United Bancorporation of Alabama Financial Ratios
United Bancorporation of Alabama Dividend FAQ
Other factors to consider when evaluating United Bancorporation of Alabama as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: United Bancorporation of Alabama's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, United Bancorporation of Alabama publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, United Bancorporation of Alabama distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from United Bancorporation of Alabama are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: United Bancorporation of Alabama sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, United Bancorporation of Alabama distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: United Bancorporation of Alabama declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of United Bancorporation of Alabama's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review United Bancorporation of Alabama's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.