Aligning Strategies with Market Realities: Auburn National Bancorp Addresses Performance Pressure for Investor Benefit during Decreased ProfitsAuburn National Bancorp: Weathering Market Challenges with Steady Dividends

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By the end of today, December 26, 2023, Auburn National Bancorp AUBN is set to deliver a dividend payout of $0.27 per share, equating to an annualized dividend yield of 5.19%. Shareholders who owned the stock prior to the ex-dividend date on December 07, 2023 will receive this payout.

Auburn National Bancorp Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-12-07 4 $0.27 5.19% 2023-11-14 2023-12-08 2023-12-26
2023-09-07 4 $0.27 4.91% 2023-08-08 2023-09-08 2023-09-25
2023-06-08 4 $0.27 4.93% 2023-05-09 2023-06-09 2023-06-26
2023-03-09 4 $0.27 4.54% 2023-02-14 2023-03-10 2023-03-27
2022-12-08 4 $0.27 4.55% 2022-11-08 2022-12-09 2022-12-27
2022-09-08 4 $0.27 3.86% 2022-08-09 2022-09-09 2022-09-26
2022-06-09 4 $0.27 3.5% 2022-05-10 2022-06-10 2022-06-24
2022-03-09 4 $0.27 3.17% 2022-02-08 2022-03-10 2022-03-25
2021-12-09 4 $0.26 3.06% 2021-11-09 2021-12-10 2021-12-27
2021-09-09 4 $0.26 6.92% 2021-08-10 2021-09-10 2021-09-27
2021-06-09 4 $0.26 2.91% 2021-05-11 2021-06-10 2021-06-25
2021-03-09 4 $0.26 2.58% 2021-02-09 2021-03-10 2021-03-25

With a dividend yield that places it neither at the top nor the bottom, Auburn National Bancorp finds itself in the middle among its industry peers, while Blue Ridge Bankshares BRBS boasts the highest annualized dividend yield at 13.46%.

Analyzing Auburn National Bancorp Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $1.00 to $1.06, indicating the company's dedication to enhancing shareholder value through increased dividends.

YoY Earnings Growth For Auburn National Bancorp

earning chart graph

The earnings chart displays a decline in Auburn National Bancorp's earnings per share, decreasing from $2.62 in 2019 to $2.20 in 2022. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.

Recap

This article provides an in-depth analysis of Auburn National Bancorp's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.27 per share, resulting in an annualized dividend yield of 5.19%.

With a dividend yield that places it neither at the top nor the bottom, Auburn National Bancorp finds itself in the middle among its industry peers, while Blue Ridge Bankshares boasts the highest annualized dividend yield at 13.46%.

The rising dividend per share and declining earnings per share of Auburn National Bancorp from 2019 to 2022 indicate a deliberate choice to prioritize dividend distribution over earnings performance.

It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.

\To read more news on Auburn National Bancorp click here

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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