1st United Bancorp Inc (Florida) (FUBC) Announces Quarterly Dividend of $0.02
1st United Bancorp Inc (Florida) (NASDAQ:FUBC) declared a quarterly dividend on Wednesday, July 30th, American Banking and Market News reports. Investors of record on Monday, August 11th will be given a dividend of 0.02 per share on Tuesday, August 26th. This represents a $0.08 dividend on an annualized basis and a yield of 0.95%.
FUBC has been the subject of a number of recent research reports. Analysts at Raymond James downgraded shares of 1st United Bancorp Inc (Florida) from an “outperform” rating to a “market perform” rating in a research note on Friday, May 9th. Analysts at FIG Partners downgraded shares of 1st United Bancorp Inc (Florida) from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 8th. They now have a $8.50 price target on the stock.
Shares of 1st United Bancorp Inc (NASDAQ:FUBC) traded up 2.26% during mid-day trading on Wednesday, hitting $8.5901. The stock had a trading volume of 46,440 shares. 1st United Bancorp Inc has a 1-year low of $7.00 and a 1-year high of $8.85. The stock has a 50-day moving average of $8.58 and a 200-day moving average of $7.95. The company has a market cap of $296.3 million and a P/E ratio of 36.52.
1st United Bancorp Inc (Florida) (NASDAQ:FUBC) last released its earnings data on Tuesday, July 29th. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.03. Analysts expect that 1st United Bancorp Inc will post $0.37 EPS for the current fiscal year.
1st United Bancorp, Inc (NASDAQ:FUBC) is a financial holding company.
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