Stock News in Focus: Atlantic Union Bankshares Corporation (NASDAQ:AUB)

Atlantic Union Bankshares Corporation (NASDAQ:AUB) stock identified change of 36.33% away from 52-week low price and recently located move of -15.34% off 52-week high price. It has market worth of $2926.99M and dividend yield of 2.55%. AUB stock has been recorded 3.96% away from 50 day moving average and 6.08% away from 200 day moving average. Moving closer, we can see that shares have been trading 3.40% off 20-day moving average.

On July 18, 2019, Atlantic Union Bankshares Corporation has declared a quarterly dividend of $0.25 per share.  The dividend amount is a $0.02, or 9%, increase from the prior quarter’s dividend.

Based on the stock’s closing price of $34.44 on July 17, 2019, the dividend yield is approximately 2.9%.  The dividend is payable on August 16, 2019 to shareholders of record as of August 2, 2019.

About Atlantic Union Bankshares Corporation

Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation (NASDAQ:AUB) is the holding company for Atlantic Union Bank. Atlantic Union Bank has 153 branches, seven of which are operated as Xenith Bank, a division of Atlantic Union Bank, and approximately 200 ATMs located throughout Virginia, and in portions of Maryland and North Carolina. Middleburg Financial is a brand name used by Atlantic Union Bank and certain affiliates when providing trust, wealth management, private banking, investment advisory and brokerage products and services. Certain non-bank affiliates of Atlantic Union Bank include: Old Dominion Capital Management, and its subsidiary, Outfitter Advisors, Ltd., Dixon, Hubard, Feinour & Brown, and Middleburg Investment Services, LLC, which provide investment advisory and/or brokerage services; and Union Insurance Group, LLC, which offers various lines of insurance products.

 The Financial sector company, Atlantic Union Bankshares Corporation noticed change of 1.21% to $36.1 along volume of 269507 shares in recent session compared to an average volume of 265.96K. The stock observed return of 0.56% in 5 days trading activity. The stock was at 2.30% over one month performance. AUB’s shares are at 2.30% for the quarter and driving a -13.22% return over the course of the past year and is now at 27.88% since this point in 2018. 

 The average volatility for the week at 3.48% and for month was at 2.69%. There are 81.08M shares outstanding and 80.42M shares are floated in market. Right now the stock beta is 1.41. 

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