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

Auburn National Bancorporation, Inc. (NASDAQ:AUBNGet Rating) declared a quarterly dividend on Tuesday, May 10th, Zacks reports. Stockholders of record on Friday, June 10th will be paid a dividend of 0.265 per share by the financial services provider on Friday, June 24th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend is Thursday, June 9th.

Auburn National Bancorporation has increased its dividend by an average of 2.7% annually over the last three years and has raised its dividend every year for the last 19 years.

Shares of NASDAQ AUBN opened at $30.15 on Tuesday. Auburn National Bancorporation has a one year low of $28.10 and a one year high of $38.78. The business’s fifty day moving average price is $31.13 and its 200-day moving average price is $32.37. The stock has a market capitalization of $106.11 million, a PE ratio of 13.11 and a beta of 0.51.

Auburn National Bancorporation (NASDAQ:AUBNGet Rating) last issued its quarterly earnings data on Tuesday, April 26th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $7.10 million for the quarter. Auburn National Bancorporation had a return on equity of 8.09% and a net margin of 27.08%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Morgan Stanley raised its holdings in shares of Auburn National Bancorporation by 21,900.0% in the 2nd quarter. Morgan Stanley now owns 2,640 shares of the financial services provider’s stock valued at $94,000 after acquiring an additional 2,628 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Auburn National Bancorporation by 18.5% in the 1st quarter. Renaissance Technologies LLC now owns 11,541 shares of the financial services provider’s stock valued at $383,000 after acquiring an additional 1,800 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Auburn National Bancorporation by 3.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 34,678 shares of the financial services provider’s stock valued at $1,099,000 after acquiring an additional 1,288 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Auburn National Bancorporation by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 82,067 shares of the financial services provider’s stock valued at $2,725,000 after acquiring an additional 749 shares in the last quarter. 7.42% of the stock is currently owned by institutional investors and hedge funds.

About Auburn National Bancorporation (Get Rating)

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; and other financial services.

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Dividend History for Auburn National Bancorporation (NASDAQ:AUBN)

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