Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Rhea-AI Summary

On May 14, 2024, Auburn National Bancorporation's Board of Directors declared a second quarter cash dividend of $0.27 per share.

The dividend will be paid on June 25, 2024, to shareholders of record as of June 10, 2024. The announcement reflects the company's ongoing commitment to providing shareholder value.

Positive

• A $0.27 per share cash dividend declared for Q2 2024.
• Dividend payable on June 25, 2024.
• Shareholders of record by June 10, 2024, will receive the dividend.
• Demonstrates the company's commitment to returning value to shareholders.

Negative

• The $0.27 dividend may be perceived as modest by some investors seeking higher returns.

AUBURN, Ala., May 14, 2024 (GLOBE NEWSWIRE) -- On May 14, 2024, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN) declared a second quarter $0.27 per share cash dividend, payable June 25, 2024 to shareholders of record as of June 10, 2024.

About Auburn National Bancorporation, Inc.

Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $979 million. 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 per share declared by Auburn National Bancorporation for Q2 2024?

Auburn National Bancorporation declared a $0.27 per share cash dividend for Q2 2024.

When is the payout date for Auburn National Bancorporation's Q2 2024 dividend?

The payout date for the Q2 2024 dividend is June 25, 2024.

What is the record date for Auburn National Bancorporation's Q2 2024 dividend?

The record date for the Q2 2024 dividend is June 10, 2024.

What is the stock symbol for Auburn National Bancorporation?

The stock symbol for Auburn National Bancorporation is AUBN.