Auburn National Bancorporation, Inc. (AUBN) to Issue Quarterly Dividend of $0.27 on March 25th

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) declared a quarterly dividend on Tuesday, February 11th,RTT News reports. Shareholders of record on Monday, March 10th will be given a dividend of 0.27 per share by the financial services provider on Tuesday, March 25th. This represents a $1.08 annualized dividend and a yield of 5.25%. The ex-dividend date is Monday, March 10th.

Auburn National Bancorporation has increased its dividend payment by an average of 1.3% per year over the last three years.

Auburn National Bancorporation Price Performance

Shares of NASDAQ AUBN opened at $20.56 on Thursday. Auburn National Bancorporation has a 1-year low of $16.48 and a 1-year high of $25.40. The company has a market capitalization of $71.75 million, a price-to-earnings ratio of 11.17 and a beta of 0.52. The business has a 50-day moving average of $22.64 and a 200-day moving average of $21.32.

Auburn National Bancorporation (NASDAQ:AUBN) last released its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Auburn National Bancorporation in a research note on Friday, February 7th. They set a “hold” rating on the stock.

About Auburn National Bancorporation

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.