Auburn National Bancorporation Inc (NASDAQ:AUBN) declared a quarterly dividend on Wednesday, February 13th, Wall Street Journal reports. Investors of record on Friday, March 8th will be given a dividend of 0.25 per share by the financial services provider on Monday, March 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from Auburn National Bancorporation’s previous quarterly dividend of $0.24.
Auburn National Bancorporation has increased its dividend by an average of 2.9% per year over the last three years and has raised its dividend every year for the last 3 years.
Shares of NASDAQ AUBN opened at $34.54 on Thursday. Auburn National Bancorporation has a 52 week low of $27.94 and a 52 week high of $53.96. The company has a market cap of $127.54 million, a P/E ratio of 14.05 and a beta of 0.35.
Separately, ValuEngine cut Auburn National Bancorporation from a “hold” rating to a “sell” rating in a research report on Thursday, December 13th.
About Auburn National Bancorporation
Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company's deposit products include checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; residential mortgage lending services; and other financial services.
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