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

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) announced a quarterly dividend on Tuesday, February 11th,RTT News reports. Shareholders 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 yield of 5.16%.

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

Auburn National Bancorporation Stock Down 2.6 %

Shares of NASDAQ:AUBN traded down $0.55 during trading on Tuesday, reaching $20.94. The stock had a trading volume of 4,579 shares, compared to its average volume of 4,547. The stock has a fifty day simple moving average of $22.68 and a two-hundred day simple moving average of $21.30. Auburn National Bancorporation has a 52 week low of $16.48 and a 52 week high of $25.40. The firm has a market capitalization of $73.08 million, a price-to-earnings ratio of 11.38 and a beta of 0.52.

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

Analyst Ratings Changes

Separately, StockNews.com started coverage on Auburn National Bancorporation in a report on Friday. They set a “hold” rating for the company.

Auburn National Bancorporation Company Profile

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.