Auburn National Bancorporation, Inc. to Issue Quarterly Dividend of $0.27 (NASDAQ:AUBN)

Auburn National Bancorporation, Inc. (NASDAQ:AUBNGet Free Report) announced a quarterly dividend on Tuesday, May 14th, Zacks reports. Stockholders of record on Monday, June 10th will be given a dividend of 0.27 per share by the financial services provider on Tuesday, June 25th. This represents a $1.08 annualized dividend and a dividend yield of 5.68%. The ex-dividend date is Monday, June 10th.

Auburn National Bancorporation has raised its dividend payment by an average of 1.9% annually over the last three years and has raised its dividend annually for the last 22 consecutive years.

Auburn National Bancorporation Price Performance

NASDAQ AUBN opened at $19.00 on Friday. The company has a market cap of $66.31 million, a price-to-earnings ratio of 82.61 and a beta of 0.51. The stock’s fifty day moving average price is $18.40 and its 200 day moving average price is $19.80. Auburn National Bancorporation has a 1 year low of $16.61 and a 1 year high of $23.20.

Auburn National Bancorporation (NASDAQ:AUBNGet Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.39 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 1.13% and a net margin of 2.47%. The business had revenue of $7.56 million for the quarter.

Insiders Place Their Bets

In other Auburn National Bancorporation news, CEO David A. Hedges acquired 10,000 shares of the company’s stock in a transaction dated Friday, April 26th. The shares were acquired at an average cost of $17.60 per share, with a total value of $176,000.00. Following the acquisition, the chief executive officer now directly owns 11,663 shares of the company’s stock, valued at $205,268.80. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders acquired 10,306 shares of company stock valued at $181,739. 24.43% of the stock is owned by insiders.

Auburn National Bancorporation Company Profile

(Get Free Report)

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers 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; and other financial services.

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Dividend History for Auburn National Bancorporation (NASDAQ:AUBN)

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