Auburn National Bancorporation Inc (AUBN) Declares Dividend Increase – $0.25 Per Share

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.

Auburn National Bancorporation (NASDAQ:AUBN) last issued its quarterly earnings results on Tuesday, January 29th. The financial services provider reported $0.66 EPS for the quarter. Auburn National Bancorporation had a return on equity of 10.34% and a net margin of 25.65%. The firm had revenue of $7.39 million during the quarter.

Separately, ValuEngine cut Auburn National Bancorporation from a “hold” rating to a “sell” rating in a research report on Thursday, December 13th.

TRADEMARK VIOLATION NOTICE: This article was first published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US and international trademark and copyright legislation. The original version of this article can be viewed at https://www.chaffeybreeze.com/2019/02/14/auburn-national-bancorporation-inc-aubn-declares-dividend-increase-0-25-per-share.html.

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.

See Also: Stock Selection – What is cash flow?

Dividend History for Auburn National Bancorporation (NASDAQ:AUBN)

Receive News & Ratings for Auburn National Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auburn National Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply