Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend
26 Janeiro 2024 - 6:01PM
Business Wire
The Board of Directors (the “Board”) of Atlantic Union
Bankshares Corporation (the “Company”) has declared a quarterly
dividend of $0.32 per share of common stock, which is the same as
the fourth quarter of 2023 and an approximately 7% increase from
the dividend in the first quarter of 2023. Based on the Company’s
common stock closing price of $35.22 on January 25, 2024, the
dividend yield is approximately 3.6%. The common stock dividend is
payable on February 23, 2024 to common shareholders of record as of
February 9, 2024.
The Board also declared a quarterly dividend on the outstanding
shares of the Company’s 6.875% Perpetual Non-Cumulative Preferred
Stock, Series A (the “Series A preferred stock”). The Series A
preferred stock is represented by depositary shares, each
representing a 1/400th ownership interest in a share of Series A
preferred stock. The dividend of $171.88 per share (equivalent to
$0.43 per outstanding depositary share) is payable on March 1, 2024
to holders of record as of February 15, 2024.
About Atlantic Union Bankshares Corporation
Headquartered in Richmond, Virginia, Atlantic Union Bankshares
Corporation (NYSE: AUB) is the holding company for Atlantic Union
Bank. Atlantic Union Bank has 109 branches and 123 ATMs located
throughout Virginia, and in portions of Maryland and North Carolina
as of December 31, 2023. Certain non-bank financial services
affiliates of Atlantic Union Bank include: Atlantic Union Equipment
Finance, Inc., which provides equipment financing; Atlantic Union
Financial Consultants, LLC, which provides brokerage services; and
Union Insurance Group, LLC, which offers various lines of insurance
products.
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Bill Cimino, Senior Vice President and Director of Investor
Relations 804.448.0937
Atlantic Union Bankshares (NYSE:AUB)
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