{"id":519787,"date":"2021-07-29T07:54:54","date_gmt":"2021-07-29T11:54:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/atlantic-union-bankshares-corporation-declares-quarterly-common-stock-dividend-and-preferred-stock-dividend\/"},"modified":"2021-07-29T07:54:54","modified_gmt":"2021-07-29T11:54:54","slug":"atlantic-union-bankshares-corporation-declares-quarterly-common-stock-dividend-and-preferred-stock-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/atlantic-union-bankshares-corporation-declares-quarterly-common-stock-dividend-and-preferred-stock-dividend\/","title":{"rendered":"Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend"},"content":{"rendered":"
\n

RICHMOND, Va., July 29, 2021 (GLOBE NEWSWIRE) — The Board of Directors (the \u201cBoard\u201d) of Atlantic Union Bankshares Corporation (the \u201cCompany\u201d) has declared a quarterly dividend of $0.28 per share of common stock, which is the same as the prior quarter and a 3 cent or 12% increase from the common stock dividend paid in the third quarter of 2020. Based on the Company\u2019s common stock closing price of $35.77 on July 28, 2021, the dividend yield is approximately 3.1%. The common stock dividend is payable on August 27, 2021 to common shareholders of record as of August 13, 2021.<\/p>\n

The Board also declared a quarterly dividend on the outstanding shares of the Company\u2019s 6.875% Perpetual Non-Cumulative Preferred Stock, Series A (the \u201cSeries A preferred stock\u201d). The Series A preferred stock is represented by depositary shares, each representing a 1\/400th<\/sup> 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 September 1, 2021 to holders of record as of August 17, 2021.<\/p>\n

\n About Atlantic Union Bankshares Corporation<\/strong>\n <\/p>\n

Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation (Nasdaq: AUB) is the holding company for Atlantic Union Bank. Atlantic Union Bank has 129 branches and approximately 150 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; Old Dominion Capital Management, Inc., and its subsidiary, Outfitter Advisors, Ltd., and Dixon, Hubard, Feinour, & Brown, Inc., which provide investment advisory services; Atlantic Union Financial Consultants, LLC, which provides brokerage services; and Union Insurance Group, LLC, which offers various lines of insurance products.<\/p>\n

Contact:<\/p>\n

Bill Cimino, Senior Vice President and Director of Investor Relations 804.448.0937<\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

RICHMOND, Va., July 29, 2021 (GLOBE NEWSWIRE) — The Board of Directors (the \u201cBoard\u201d) of Atlantic Union Bankshares Corporation (the \u201cCompany\u201d) has declared a quarterly dividend of $0.28 per share of common stock, which is the same as the prior quarter and a 3 cent or 12% increase from the common stock dividend paid in the third quarter of 2020. Based on the Company\u2019s common stock closing price of $35.77 on July 28, 2021, the dividend yield is approximately 3.1%. The common stock dividend is payable on August 27, 2021 to common shareholders of record as of August 13, 2021. The Board also declared a quarterly dividend on the outstanding shares of the Company\u2019s 6.875% Perpetual Non-Cumulative Preferred Stock, Series … <\/p>\n

Continue reading “Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-519787","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAtlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/atlantic-union-bankshares-corporation-declares-quarterly-common-stock-dividend-and-preferred-stock-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RICHMOND, Va., July 29, 2021 (GLOBE NEWSWIRE) — The Board of Directors (the \u201cBoard\u201d) of Atlantic Union Bankshares Corporation (the \u201cCompany\u201d) has declared a quarterly dividend of $0.28 per share of common stock, which is the same as the prior quarter and a 3 cent or 12% increase from the common stock dividend paid in the third quarter of 2020. 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