Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Auburn National Bancorporation, Inc. (AUBN) Declares $0.27 Per Share Cash Dividend for Fourth Quarter 2023

Positive

• The Board of Directors of Auburn National Bancorporation, Inc. declared a $0.27 per share cash dividend for the fourth quarter of 2023, demonstrating the company's commitment to rewarding its shareholders.
• The dividend is payable on December 26, 2023, to shareholders of record as of December 8, 2023, providing a clear timeline for the distribution of funds.

Negative

• None.

AUBURN, Ala., Nov. 14, 2023 (GLOBE NEWSWIRE) -- On November 14, 2023, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN) declared a fourth quarter $0.27 per share cash dividend, payable December 26, 2023 to shareholders of record as of December 8, 2023.

About Auburn National Bancorporation

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 dividend declared by Auburn National Bancorporation, Inc. for the fourth quarter of 2023?

The company declared a $0.27 per share cash dividend for the fourth quarter of 2023.

When will the dividend be payable to shareholders?

The dividend will be payable on December 26, 2023.

Who is eligible to receive the dividend?

Shareholders of record as of December 8, 2023, are eligible to receive the dividend.