Atlantic Union Bankshares Increases Quarterly Dividend by 6%

By Tamara Parker • Saturday, February 01 06:06 • Permanent Link

Atlantic Union Bankshares Corporation has declared a quarterly dividend of $0.34 per share of common stock, which remains unchanged from the fourth quarter of 2024. However, this marks a $0.02, or approximately 6%, increase from the dividend in the first quarter of 2024. The dividend yield, based on the company's common stock closing price of $37.41 on January 30, 2025, is approximately 3.6%. The common stock dividend is payable on February 28, 2025, to common shareholders of record as of February 14, 2025.

Additionally, the Board has declared a quarterly dividend on the outstanding shares of the Company's 6.875% Perpetual Non-Cumulative Preferred Stock, Series A. The dividend of $171.88 per share (equivalent to $0.43 per outstanding depositary share) is payable on March 3, 2025, to holders of record as of February 14, 2025.

As of December 31, 2024, Atlantic Union Bank had 129 branches located throughout Virginia, and in portions of Maryland and North Carolina. This information was provided by the company's press release and the company's common stock ticker symbol is NYSE: AUB.

For further information, you can contact Bill Cimino, Senior Vice President and Director of Investor Relations at 804.448.0937. As a result of these announcements, the company's shares have moved 1.0% on the market, and are now trading at a price of $37.77. If you want to know more, read the company's complete 8-K report here.

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