United Security Bancshares Declares Stock Dividend
June 30 2011 - 4:00PM
PR Newswire (US)
FRESNO, Calif., June 30, 2011 /PRNewswire/ -- Dennis R. Woods, President and Chief Executive
Officer of United Security Bancshares
http://www.unitedsecuritybank.com (Nasdaq: UBFO) reported that the
Board of Directors of United Security Bancshares declared a 3rd
quarter 2011 stock dividend of one percent (1%) on June 28, 2011. The stock dividend will be paid to
shareholders of record on July 15,
2011 and the dividend shares will be issued on July 27, 2011.
This marks the 11th consecutive quarterly stock dividend since
initiated in 2008. The stock dividend is employed to preserve and
build capital because of marketplace uncertainty in the 1-4 family
residential real estate market and its impact on the Company's
construction and related land and lot loan portfolio.
SOURCE United Security Bancshares
Copyright 2011 PR Newswire
United Security Bancshares (NASDAQ:UBFO)
Historical Stock Chart
From Apr 2024 to May 2024
United Security Bancshares (NASDAQ:UBFO)
Historical Stock Chart
From May 2023 to May 2024