We’ll start this week off with United Bancorp (UBCP). This community bank operates 19 branches in Ohio and has $675 million in assets. The numbers look decent, dividends have been raised for the last five years, and the current yield is 4.42%.
Mercury General (MCY) gets the Wednesday slot. As one of California’s largest insurers, they were hit hard by the wildfires in 2017 and 2018, but appear to have come out ok. They have over $5 billion in assets and have raised dividends for 30 straight years. The current yield is 5.1%.
Chesapeake Utilities (CPK) will close out Week 50. This utility company, headquartered in Delaware, has several subsidiaries that serve natural gas, propane and electricity throughout the Midwest, Southeast and Atlantic regions. Chesapeake has paid dividends for the last 58 years without interruption and has raised dividends for the last 15 years. They are a component of the Russell 2000 and the current yield is 1.78%.