Auburn National Bancorporation Announces $0.27 Dividend Payable Soon
Auburn National Bancorporation Declares Dividend for Shareholders
Auburn National Bancorporation, Inc. has recently made an announcement that is capturing the attention of investors and shareholders alike. The Board of Directors has declared a cash dividend of $0.27 per share for the fourth quarter. This dividend is set to be distributed to shareholders of record, with payment scheduled soon. For anyone invested in Auburn National Bancorporation, this announcement represents a positive indicator of the company's financial health.
Details of the Dividend Declaration
The declared dividend is a strong reflection of Auburn National Bancorporation's commitment to delivering value back to its shareholders. Shareholders can expect this cash dividend to be paid on December 26. To qualify for this payment, it is important for investors to be shareholders of record as of December 10. This forward-looking approach highlights the company's strategy to reward its supporters with tangible returns.
Why This Dividend Matters
Dividends are crucial for investors as they provide a return on their investment, which is particularly appealing in today's economic climate. Auburn National Bancorporation's consistent dividend payments not only signify financial stability but also attract potential investors looking for lucrative opportunities. The current dividend speaks volumes about the company’s profitability and its ongoing commitment to its shareholders, showcasing confidence in future performance.
About Auburn National Bancorporation, Inc.
Auburn National Bancorporation, Inc., operating under the ticker Nasdaq: AUBN, is recognized as a stable player in the banking sector. As the parent company of AuburnBank, it boasts total assets nearing $990.1 million. With a history dating back to 1907, AuburnBank has continuously provided reliable banking services to the residents of East Alabama, including areas surrounding Lee County.
Branches and Services
The Bank has established a commendable reputation and operates eight full-service branches across various locations, including Auburn and Opelika. Additionally, it has a presence in Valley and Notasulga, expanding its reach to more communities. A dedicated loan production office in Phenix City further enhances the Bank's service offerings, making banking convenient and accessible to clients.
Future Outlook and Growth Potential
For any inquiries or further information, interested parties can reach out to the President and CEO, David A. Hedges, at (334) 821-9200. With a leadership team dedicated to transparency and communication, shareholders can feel confident in the direction of Auburn National Bancorporation.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend is $0.27 per share for the fourth quarter.
When will the dividend be paid?
The dividend is scheduled to be paid on December 26 to shareholders of record as of December 10.
How can I contact Auburn National Bancorporation for more information?
Investors and interested parties can contact David A. Hedges at (334) 821-9200 for inquiries.
Where is Auburn National Bancorporation headquartered?
The company is headquartered in Auburn, Alabama.
What services does AuburnBank provide?
AuburnBank offers a range of banking services, including personal and commercial banking, loans, and financial services across its branches.
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