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 July 25, 2024. The filing reports on corporate actions taken by the Board of Directors on the same date regarding dividend declarations.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on dividend announcements.
- Common Stock Dividend: $0.32 per share.
- Preferred Stock Dividend: $171.88 per share of 6.875% Perpetual Non-Cumulative Preferred Stock, Series A (equivalent to $0.43 per depositary share).
Material Changes
This report does not contain comparative financial data or material changes to prior periods. It serves as a notification of new dividend declarations.
Outlook, Risks, and Management Commentary
Management commentary is limited to the announcement of the dividend declarations. No specific guidance, risk factors, or contingencies are detailed in this filing text.
- Common Stock Payment Date: August 23, 2024.
- Common Stock Record Date: August 9, 2024.
- Preferred Stock Payment Date: September 3, 2024.
- Preferred Stock Record Date: August 19, 2024.
Investor Verification Checklist
- Verify the record dates (August 9 for common; August 19 for preferred) to ensure eligibility for the upcoming payments.
- Confirm the payment dates (August 23 for common; September 3 for preferred) for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the Board's rationale.
- Note that this filing does not contain updated financial performance data; refer to the most recent 10-Q or 10-K for operational metrics.