Auburn National Bancorporation Inc Plans Quarterly Dividend of $0.25 (AUBN)
Auburn National Bancorporation Inc (NASDAQ:AUBN) declared a quarterly dividend on Wednesday, May 15th, Wall Street Journal reports. Stockholders of record on Monday, June 10th will be given a dividend of 0.25 per share by the financial services provider on Tuesday, June 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date of this dividend is Friday, June 7th.
Auburn National Bancorporation has increased its dividend payment by an average of 2.9% annually over the last three years and has increased its dividend annually for the last 3 consecutive years.
NASDAQ AUBN opened at $34.37 on Friday. Auburn National Bancorporation has a 1-year low of $27.94 and a 1-year high of $53.96. The firm has a market capitalization of $128.19 million, a PE ratio of 14.21 and a beta of 0.34.
Separately, ValuEngine upgraded shares of Auburn National Bancorporation from a “sell” rating to a “hold” rating in a report on Friday, May 3rd.
An institutional investor recently raised its position in Auburn National Bancorporation stock. Geode Capital Management LLC increased its holdings in Auburn National Bancorporation Inc (NASDAQ:AUBN) by 10.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,377 shares of the financial services provider’s stock after purchasing an additional 1,212 shares during the period. Geode Capital Management LLC owned approximately 0.37% of Auburn National Bancorporation worth $423,000 at the end of the most recent reporting period. 11.81% of the stock is currently owned by institutional investors and hedge funds.
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Auburn National Bancorporation Company Profile
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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