Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Auburn National Bancorporation (Nasdaq: AUBN) has announced its third quarter dividend for 2024. The Board of Directors declared a $0.27 per share cash dividend on August 13, 2024. This dividend will be payable on September 25, 2024 to shareholders of record as of September 10, 2024. This announcement demonstrates the company's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite potential economic uncertainties. The consistency in dividend payments may be seen as a positive sign of the company's financial stability and confidence in its future performance.

Positive

• Consistent dividend payment indicating financial stability
• $0.27 per share cash dividend declared for Q3 2024
• Demonstrates commitment to shareholder returns

Negative

• None.

News Market Reaction – AUBN

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-0.07% Session move

In the trading session that priced this news, AUBN declined 0.07%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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AUBURN, Ala., Aug. 13, 2024 (GLOBE NEWSWIRE) -- On August 13, 2024, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN) declared a third quarter $0.27 per share cash dividend, payable September 25, 2024 to shareholders of record as of September 10, 2024.

About Auburn National Bancorporation, Inc.

Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $1.0 billion. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System, which has operated continuously since 1907. Both the Company and the Bank are headquartered in Auburn, Alabama. The Bank conducts its business in East Alabama, including Lee County and surrounding areas. The Bank operates eight full-service branches in Auburn, Opelika, Valley, and Notasulga, Alabama. The Bank also operates a loan production office in Phenix City, Alabama. Additional information about the Company and the Bank may be found by visiting www.auburnbank.com.

For additional information, contact:
David A. Hedges
President and CEO
(334) 821-9200

FAQ

What is the amount of Auburn National Bancorporation's Q3 2024 dividend?

Auburn National Bancorporation (AUBN) declared a cash dividend of $0.27 per share for the third quarter of 2024.

When will Auburn National Bancorporation (AUBN) pay its Q3 2024 dividend?

The Q3 2024 dividend will be paid on September 25, 2024 to shareholders of record as of September 10, 2024.

What is the record date for Auburn National Bancorporation's Q3 2024 dividend?

The record date for Auburn National Bancorporation's (AUBN) Q3 2024 dividend is September 10, 2024.

When did Auburn National Bancorporation's Board declare the Q3 2024 dividend?

Auburn National Bancorporation's (AUBN) Board of Directors declared the Q3 2024 dividend on August 13, 2024.