Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Auburn National Bancorporation has declared a cash dividend of $0.265 per share for the first quarter of 2022, payable on March 25, 2022, to shareholders of record as of March 10, 2022. This dividend reflects a 2% increase over the previous year, marking the 21st consecutive year of dividend growth. Auburn National Bancorporation, the parent of AuburnBank, boasts total assets of approximately $1.1 billion and operates in East Alabama, reinforcing its commitment to shareholder returns.

Positive

• Dividend increased by 2% to $0.265 per share.
• 21st consecutive year of dividend growth.
• Total assets reported at approximately $1.1 billion.

Negative

• None.

AUBURN, Ala., Feb. 08, 2022 (GLOBE NEWSWIRE) -- On February 8, 2022, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN) declared a first quarter $0.265 per share cash dividend, payable March 25, 2022 to shareholders of record as of March 10, 2022. This represents a 2% increase over dividends declared for the first quarter of 2022 and it marks the 21^st consecutive year that the Company has increased its cash dividend to shareholders.

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 for Q1 2022?

AUBN declared a cash dividend of $0.265 per share for the first quarter of 2022.

When will AUBN's dividend be paid?

The dividend will be paid on March 25, 2022.

What is the record date for AUBN's dividend?

The record date for the dividend is March 10, 2022.

How many consecutive years has AUBN increased its dividend?

AUBN has increased its cash dividend for 21 consecutive years.

What are the total assets of Auburn National Bancorporation?

Auburn National Bancorporation has total assets of approximately $1.1 billion.