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ATMORE, Ala., Jan. 6, 2021 /PRNewswire/ United Bancorporation of Alabama Inc. (OTCQX: UBAB) (the Company ), parent company of United Bank and UB Community Development, today announced its Board of Directors declared a $0.10 cash dividend with a special $0.05 per share dividend for a total cash dividend of $0.15 per share. The dividend will be paid on or about January 15, 2021 to shareholders of record as of December 31, 2020. The semiannual dividend of $0.13 per share paid in January 2020 compared to the $0.15 per share paid in January 2021 is a 15.38 % increase. We are very pleased to announce this dividend, rewarding our investors for their continued commitment to the Company. This dividend represents a legacy of consistent dividend payout since 1983, said United Bancorporation of Alabama Inc. President and Chief Executive Officer Robert R. Jones, III. Despite the challenging year, the Company s organic growth in existing and