United Bancorporation of Alabama, Inc. Announces Semiannual Cash Dividend, Payable on or About January 15, 2021
January 06, 2021 at 04:53 pm
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United Bancorporation of Alabama Inc. announced its Board of Directors declared a $0.10 cash dividend per share. The dividend will be paid on or about January 15, 2021 to shareholders of record as of December 31, 2020. The semiannual dividend of $0.13 per share paid in January 2020 compared to the $0.15 per share paid in January 2021 is a 15.38 % increase.
United Bancorporation of Alabama, Inc. is a financial holding company that primarily serves Southwest Alabama as well as Northwest Florida. The Company is a Community Development Financial Institution (CDFI) that operates three subsidiaries: United Bank, Town-Country United Bank and UB Community Development. United Bank is also designated as a CDFI and operates 22 locations across five counties. Town-Country United Bank serves Wilcox County and its surrounding counties. UB Community Development focuses on economic and community development through its New Market Tax Credits, affordable housing and community facilities programs. United Bank has offices in Atmore, Brewton, East Brewton, Flomaton, Monroeville, Frisco City, Bay Minette, Daphne, Foley, Lillian, Loxley, Magnolia Springs, Semmes, Silverhill and Summerdale in Alabama. United Bank serves Santa Rosa County, Florida in Jay, Milton and Pace.