Atlantic Union Bankshares Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Atlantic Union Bankshares Corporation on May 6, 2025. The filing reports on corporate actions taken by the Board of Directors regarding dividend declarations for both common and preferred stock.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It is limited to the declaration of dividends.
Material Changes and Dividend Declarations
- Common Stock Dividend: The Board declared a quarterly dividend of $0.34 per share.
- Preferred Stock Dividend: The Board declared a quarterly dividend on the 6.875% Perpetual Non-Cumulative Preferred Stock, Series A. The dividend is $171.88 per share, which is equivalent to $0.43 per outstanding depositary share.
Payment and Record Dates
| Security Type | Record Date | Payment Date |
|---|---|---|
| Common Stock | May 23, 2025 | June 6, 2025 |
| Preferred Stock (Series A) | May 16, 2025 | June 2, 2025 |
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items beyond the dividend announcement.
Investor Verification Checklist
- Verify share ownership status as of the record dates (May 16 for Preferred, May 23 for Common) to ensure eligibility for the upcoming payments.
- Confirm the total dividend yield based on the current market price of the stock relative to the declared amounts ($0.34 common, $0.43 depositary preferred).
- Review the attached press release (Exhibit 99.1) for any additional context not included in the 8-K summary.