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

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) announced a quarterly dividend on Tuesday, February 11th,RTT News reports. Stockholders of record on Monday, March 10th will be paid a dividend of 0.27 per share by the financial services provider on Tuesday, March 25th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.16%.

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

Auburn National Bancorporation Stock Performance

Shares of AUBN traded down $0.55 during mid-day trading on Tuesday, reaching $20.94. 4,579 shares of the company’s stock traded hands, compared to its average volume of 4,547. The business’s 50-day moving average price is $22.68 and its 200-day moving average price is $21.30. The stock has a market capitalization of $73.08 million, a P/E ratio of 11.38 and a beta of 0.52. Auburn National Bancorporation has a 12 month low of $16.48 and a 12 month high of $25.40.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Auburn National Bancorporation in a research report on Friday. 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.