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Stock impact report

United Security Bancshares Declares Quarterly Cash Dividend

United Security Bancshares (UBFO) 
US:NASDAQ Investor Relations: unitedsecuritybank.com/investor-relations
Company Research Source: Business Wire
FRESNO, Calif.--(BUSINESS WIRE)--On March 24, 2020, the Board of Directors of United Security Bancshares (the "Company")(NASDAQ: UBFO), the parent company of United Security Bank (the "Bank"), declared a regular quarterly cash dividend of $0.11 per share on the Company's common stock. The dividend is payable on April 15, 2020, to shareholders of record as of April 6, 2020.The Board of Directors of the Company also decided to delay the 2020 Annual Meeting of Shareholders previously scheduled for May 20, 2020. In taking this action the Board of Directors noted their concerns for the health and safety of the Company’s shareholders, officers and employees and public orders to avoid large gatherings in light of the COVID-19 pandemic. The Board of Directors instructed management to explore the ability to hold the Annual Meeting, when rescheduled, by video or audio conferencing.About United Security BancsharesUnited Security Bancshares (NASDAQ: UBFO) is the holding company for United Sec Show less Read more
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