On 5/17/24, Atlantic Union Bankshares Corp’s 6.875% Non-Cumulative Preferred Shares, Series A (Symbol: AUB.PRA) will trade ex-dividend, for its quarterly dividend of $0.43, payable on 6/3/24. As a percentage of AUB.PRA’s recent share price of $22.95, this dividend works out to approximately 1.87%, so look for shares of AUB.PRA to trade 1.87% lower — all else being equal — when AUB.PRA shares open for trading on 5/17/24. On an annualized basis, the current yield is approximately 7.54%, which compares to an average yield of 6.73% in the “Financial” preferred stock category, according to Preferred Stock Channel.
The chart below shows the one year performance of AUB.PRA shares, versus AUB:
Below is a dividend history chart for AUB.PRA, showing historical dividends prior to the most recent $0.43 on Atlantic Union Bankshares Corp’s 6.875% Non-Cumulative Preferred Shares, Series A:
In Wednesday trading, Atlantic Union Bankshares Corp’s 6.875% Non-Cumulative Preferred Shares, Series A (Symbol: AUB.PRA) is currently up about 0.7% on the day, while the common shares (Symbol: AUB) are up about 0.8%.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »
Also see:
Holdings Channel
BA Split History
QTWO Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
