Atlantic Union Bank Increases Quarterly Dividend by 8.1% to $0.40 Per Share
Atlantic Union Bankshares Corporation (AUB) has announced an 8.1% increase in its quarterly dividend, raising the payout from $0.37 to $0.40 per share. This move results in a forward dividend yield of approximately 4.02%. The dividend is scheduled to be payable on November 27, with the ex-dividend date and record date both set for November 13. The announcement comes amidst broader financial reporting for the company, including discussions regarding its 2026 Full-Time Equivalent (FTE) Net Interest Margin (NIM), which is forecasted to be at the low end of the 3.90%-3.95% range. Additionally, the bank has indicated it will continue its share buyback program through May 2027.
Tickers: $AUB
Topics: dividend declaration net interest margin forecast quarterly earnings share buybacks
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