Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Auburn National Bancorporation (AUBN) has declared a cash dividend of $0.265 per share for the third quarter, payable on September 26, 2022, to shareholders of record as of September 9, 2022. The company, headquartered in Auburn, Alabama, operates AuburnBank, which has been in service since 1907 and holds approximately $1.1 billion in total assets. AuburnBank serves East Alabama and operates eight branches in various locations including Auburn and Opelika.

Positive

• Declared a cash dividend of $0.265 per share, reflecting confidence in shareholder returns.
• Total assets of approximately $1.1 billion indicate financial stability.

Negative

• None.

News Market Reaction

-1.11%

1 alert

-1.11% News Effect

On the day this news was published, AUBN declined 1.11%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AUBURN, Ala., Aug. 09, 2022 (GLOBE NEWSWIRE) -- On August 9, 2022, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN) declared a third quarter $0.265 per share cash dividend, payable September 26, 2022 to shareholders of record as of September 9, 2022.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $1.1 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 loan production offices in Auburn and Phenix City, Alabama. Additional information about the Company and the Bank may be found by visiting www.auburnbank.com.

For additional information, contact:
Robert W. Dumas
Chairman, President and CEO
(334) 821-9200

FAQ

What is the dividend amount declared by AUBN?

Auburn National Bancorporation declared a cash dividend of $0.265 per share.

When will the dividend be paid to shareholders of AUBN?

The dividend will be paid on September 26, 2022.

What is the record date for AUBN's dividend?

The record date for the dividend is September 9, 2022.

How does AUBN's dividend reflect its financial health?

The declared dividend indicates AUBN's confidence in maintaining shareholder returns amidst its financial operations.