Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Auburn National Bancorporation (AUBN) announced a quarterly cash dividend of $0.265 per share on November 8, 2022. The dividend is payable on December 27, 2022, to shareholders of record as of December 9, 2022.

The company, with total assets of approximately $1.0 billion, operates AuburnBank, which has been serving East Alabama since 1907. AuburnBank has eight branches in Auburn, Opelika, Valley, and Notasulga, and a loan production office in Phenix City.

Positive

• Declared a quarterly cash dividend of $0.265 per share, beneficial for shareholders.
• Company has total assets of approximately $1.0 billion, indicating solid financial stability.

Negative

• None.

AUBURN, Ala., Nov. 08, 2022 (GLOBE NEWSWIRE) -- On November 8, 2022, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN) declared a fourth quarter $0.265 per share cash dividend, payable December 27, 2022 to shareholders of record as of December 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 $1.0 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:
Robert W. Dumas
Chairman, President and CEO
(334) 821-9200
  

FAQ

What is the dividend amount declared by AUBN?

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

When will the AUBN dividend be paid?

The dividend will be payable on December 27, 2022.

What is the record date for AUBN's dividend?

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

How long has Auburn Bank been operating?

Auburn Bank has been operating since 1907.

Where does Auburn National Bancorporation operate?

Auburn National Bancorporation operates in East Alabama, including Lee County and surrounding areas.