Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend
27 Octubre 2022 - 3:01PM
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 third
quarter of 2022 and a $0.02, or 7.1%, increase from the fourth
quarter of 2021. Based on the Company’s common stock closing price
of $33.71 on October 26, 2022, the dividend yield is approximately
3.6%. The common stock dividend is payable on November 25, 2022 to
common shareholders of record as of November 11, 2022.
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 December 1, 2022 to holders of record as of November 16,
2022.
About Atlantic Union Bankshares
Corporation
Headquartered in Richmond, Virginia, Atlantic
Union Bankshares Corporation (Nasdaq: AUB) is the holding company
for Atlantic Union Bank. Atlantic Union Bank has 114 branches and
approximately 130 ATMs located throughout Virginia, and in portions
of Maryland and North Carolina. 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.
Contact:
Bill Cimino, Senior Vice President and Director
of Investor Relations 804.448.0937
Atlantic Union Bankshares (NASDAQ:AUB)
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