Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. The company accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts; certificates of deposit; and other depository services. It also provides loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, the company offers credit cards, automated teller machine (ATM) services, mobile and internet banking services, and online bill payment services, as well as financial planning, trust, and wealth management services. Further, it provides securities, brokerage, and investment advisory products and services; and originates and sells residential loan products in the secondary market. As of February 25, 2022, it operated 130 branches and approximately 150 ATMs in Virginia, Maryland, and North Carolina. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.
Atlantic Union Bankshares Dividend Announcement
• Atlantic Union Bankshares announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• Atlantic Union Bankshares annual dividend for 2024 was $1.30
• Atlantic Union Bankshares annual dividend for 2023 was $1.22
• Atlantic Union Bankshares's trailing twelve-month (TTM) dividend yield is 3.46%
• Atlantic Union Bankshares's payout ratio for the trailing twelve months (TTM) is 53.36%
• Atlantic Union Bankshares's dividend growth over the last five years (2018-2023) was 6.75% year
• Atlantic Union Bankshares's dividend growth over the last ten years (2013-2023) was 8.49% year
Atlantic Union Bankshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.34 | quarterly | 2024-11-22 |
2024-08-09 | $0.32 | quarterly | 2024-08-23 |
2024-05-23 | $0.32 | quarterly | 2024-06-07 |
2024-02-08 | $0.32 | quarterly | 2024-02-23 |
2023-11-09 | $0.32 | quarterly | 2023-11-24 |
2023-08-10 | $0.30 | quarterly | 2023-08-25 |
2023-05-18 | $0.30 | quarterly | 2023-06-02 |
2023-02-09 | $0.30 | quarterly | 2023-02-24 |
2022-11-09 | $0.30 | quarterly | 2022-11-25 |
2022-08-11 | $0.30 | quarterly | 2022-08-26 |
2022-05-19 | $0.28 | quarterly | 2022-06-03 |
2022-02-10 | $0.28 | quarterly | 2022-02-25 |
2021-11-10 | $0.28 | quarterly | 2021-11-26 |
2021-08-12 | $0.28 | quarterly | 2021-08-27 |
2021-05-20 | $0.28 | quarterly | 2021-06-04 |
2021-02-11 | $0.25 | quarterly | 2021-02-26 |
2020-11-12 | $0.25 | quarterly | 2020-11-27 |
2020-08-06 | $0.25 | quarterly | 2020-08-21 |
2020-05-19 | $0.25 | quarterly | 2020-06-03 |
2020-02-06 | $0.25 | quarterly | 2020-02-21 |
2019-11-07 | $0.25 | quarterly | 2019-11-22 |
2019-08-01 | $0.25 | quarterly | 2019-08-16 |
2019-05-16 | $0.23 | quarterly | 2019-05-31 |
2019-02-07 | $0.23 | quarterly | 2019-02-22 |
2018-11-08 | $0.23 | quarterly | 2018-11-23 |
2018-08-02 | $0.23 | quarterly | 2018-08-17 |
2018-05-10 | $0.21 | quarterly | 2018-05-25 |
2018-02-05 | $0.21 | quarterly | 2018-02-20 |
2017-11-10 | $0.21 | quarterly | 2017-11-27 |
2017-08-02 | $0.20 | quarterly | 2017-08-18 |
2017-05-10 | $0.20 | quarterly | 2017-05-26 |
2017-02-08 | $0.20 | quarterly | 2017-02-24 |
2016-11-09 | $0.20 | quarterly | 2016-11-28 |
2016-08-03 | $0.19 | quarterly | 2016-08-19 |
2016-05-11 | $0.19 | quarterly | 2016-05-27 |
2016-02-10 | $0.19 | quarterly | 2016-02-26 |
2015-11-10 | $0.19 | quarterly | 2015-11-27 |
2015-08-12 | $0.17 | quarterly | 2015-08-28 |
2015-05-13 | $0.17 | quarterly | 2015-05-29 |
2015-02-11 | $0.15 | quarterly | 2015-02-27 |
2014-11-12 | $0.15 | quarterly | 2014-11-28 |
2014-08-13 | $0.15 | quarterly | 2014-08-29 |
2014-05-14 | $0.14 | quarterly | 2014-05-30 |
2014-02-12 | $0.14 | quarterly | 2014-02-28 |
2013-11-13 | $0.14 | quarterly | 2013-11-29 |
2013-08-14 | $0.14 | quarterly | 2013-08-30 |
2013-05-15 | $0.13 | quarterly | 2013-05-31 |
2013-02-13 | $0.13 | quarterly | 2013-03-01 |
Atlantic Union Bankshares Dividend per year
Atlantic Union Bankshares Dividend growth
Atlantic Union Bankshares Dividend Yield
Atlantic Union Bankshares current trailing twelve-month (TTM) dividend yield is 3.46%. Interested in purchasing Atlantic Union Bankshares stock? Use our calculator to estimate your expected dividend yield:
Atlantic Union Bankshares Financial Ratios
Atlantic Union Bankshares Dividend FAQ
Other factors to consider when evaluating Atlantic Union Bankshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Atlantic Union Bankshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Atlantic Union Bankshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Atlantic Union Bankshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Atlantic Union Bankshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Atlantic Union Bankshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Atlantic Union Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Atlantic Union Bankshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Atlantic Union Bankshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Atlantic Union Bankshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.