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Stock impact report

Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend

Atlantic Union Bankshares Corporation (AUB) 
Last atlantic union bankshares corporation earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.30 per share of common stock, which is the same as the fourth quarter of 2022 and a $0.02, or 7.1%, increase from the first quarter of 2022. Based on the Company’s common stock closing price of $38.04 on January 26, 2023, the dividend yield is approximately 3.2%. The common stock dividend is payable on February 24, 2023 to common shareholders of record as of February 10, 2023.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, 2023 Show less Read more
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