United Bancorp, Inc. (UBCP) has increased its second quarter cash dividend to $0.1850 per share, representing a 5.7% increase from the previous year. The dividend yields 5.51% based on the company's market value. The company also held its annual shareholder meeting, re-electing key leadership including CEO Scott A. Everson. United Bancorp has total assets of $816.7 million and operates 18 banking offices across Ohio and West Virginia.