Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Auburn National Bancorporation has declared a cash dividend of $0.255 per share for the second quarter of 2020. The dividend will be payable on September 25, 2020, to shareholders of record as of September 10, 2020. The company, which is the parent of AuburnBank, has total assets of approximately $943 million and has been operational since 1907. The bank serves East Alabama with multiple branches, reinforcing its long-standing presence in the region.

Positive

• Declaration of a cash dividend of $0.255 per share.
• Demonstrates confidence in financial performance and shareholder returns.

Negative

• None.

News Market Reaction

-1.26%

1 alert

-1.26% News Effect

On the day this news was published, AUBN declined 1.26%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AUBURN, Ala., Aug. 11, 2020 (GLOBE NEWSWIRE) -- On August 11, 2020, the Board of Directors of Auburn National Bancorporation, Inc. (Nasdaq: AUBN) declared a second quarter $0.255 per share cash dividend, payable September 25, 2020 to shareholders of record as of September 10, 2020.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $943 million. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System and 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 announced by AUBN?

Auburn National Bancorporation announced a dividend of $0.255 per share.

When is the dividend payable for AUBN?

The dividend is payable on September 25, 2020.

What is the record date for the AUBN dividend?

The record date for the dividend is September 10, 2020.

How large are the total assets of AUBN?

Auburn National Bancorporation has total assets of approximately $943 million.

Where does AuburnBank operate?

AuburnBank operates in East Alabama, including Lee County and surrounding areas.