Auburn National Bancorporation Announces New Dividend Details
Quarterly Dividend Declared by Auburn National Bancorporation
The Board of Directors for Auburn National Bancorporation, Inc. has declared a quarterly cash dividend of $0.27 per share. This announcement highlights the Company’s commitment to its shareholders, underscoring its ongoing financial health and dedication to returning value.
Diving Deeper into Auburn National Bancorporation
Auburn National Bancorporation, Inc. serves as the parent company for AuburnBank, which operates as a state-chartered bank in Alabama. With assets totaling approximately $1 billion, the Bank is a proud member of the Federal Reserve System, reflecting a robust and stable financial position.
History and Operations of AuburnBank
Established in 1907, AuburnBank has a rich history and has been serving the community in East Alabama for over a century. Currently, it operates seven full-service branches spread across Auburn, Opelika, Valley, and Notasulga. Additionally, the Bank has a loan production office in Phenix City, ensuring it meets the needs of its customers throughout the region.
Business Operations and Community Impact
With a strong presence in East Alabama, AuburnBank provides a wide array of financial services, fostering growth and development within the community. Its focus on community banking allows it to offer personalized services that cater to individual and business needs, building lasting relationships with its clients.
Upcoming Dividend Payment Details
Shareholders can expect the dividend payment to be disbursed on September 25 to those recorded by September 10. This reflects the Company’s ongoing strategy to reward its investors while maintaining solid operational standards.
Contact Information
For further inquiries regarding the Company and its financial offerings, please reach out to:
David A. Hedges
President and CEO
(334) 821-9200
Frequently Asked Questions
What is the dividend amount declared by Auburn National Bancorporation?
The recently declared quarterly dividend is $0.27 per share.
When will the dividend be paid to shareholders?
The dividend is scheduled to be paid on September 25.
Who is the contact person for more information?
David A. Hedges, President and CEO, is the contact for additional inquiries.
What are the primary operations of AuburnBank?
AuburnBank provides a variety of banking services in East Alabama and operates several branches in the area.
How long has AuburnBank been in operation?
AuburnBank has been operational since 1907, demonstrating a long-standing commitment to the community.
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