Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Auburn National Bancorporation (AUBN) declared a cash dividend of $0.26 per share for the first quarter of 2021, payable on March 25, 2021 to shareholders of record by March 10, 2021. This marks a 2% increase over the prior year's dividend and represents the 20th consecutive year of dividend growth. The Company, with total assets of approximately $957 million, operates through its banking subsidiary, AuburnBank, in East Alabama, emphasizing its commitment to returning value to shareholders.

Positive

• Dividend increased by 2% to $0.26 per share.
• 20th consecutive year of dividend growth.

Negative

• None.

AUBURN, Ala., Feb. 09, 2021 (GLOBE NEWSWIRE) -- On February 9, 2021, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN) declared a first quarter $0.26 per share cash dividend, payable March 25, 2021 to shareholders of record as of March 10, 2021. This represents a 2% increase over dividends declared for the first quarter of 2020 and it marks the 20^th consecutive year that the Company has increased its cash dividend to shareholders.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc. is the parent company of AuburnBank (the “Bank”), with total assets of approximately $957 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 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 AUBN dividend amount for Q1 2021?

Auburn National Bancorporation declared a dividend of $0.26 per share for Q1 2021.

When will the AUBN dividend be paid?

The AUBN dividend will be paid on March 25, 2021.

What is the record date for the AUBN dividend?

The record date for the AUBN dividend is March 10, 2021.

How long has AUBN been increasing its dividend?

Auburn National Bancorporation has increased its dividend for 20 consecutive years.