8-K: Atlantic Union Bank Declares Quarterly Dividends

Atlantic Union Bankshares Corporation announced its quarterly dividend declarations for both common and preferred stock.

Summary

• Atlantic Union Bankshares Corporation's Board of Directors declared a quarterly common stock dividend of $0.37 per share.
• This common stock dividend represents an 8.8% increase ($0.03 per share) compared to the third quarter of 2025.
• The common stock dividend is payable on August 21, 2026, to shareholders of record as of August 7, 2026.
• A quarterly dividend on the Series A preferred stock was also declared, amounting to $171.88 per share ($0.43 per depositary share).
• The preferred stock dividend is payable on September 1, 2026, to holders of record as of August 17, 2026.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive filing due to the increased common stock dividend, signaling confidence in financial performance, though it is a routine event.

Positives

• Declaration of a quarterly common stock dividend of $0.37 per share.
• The common stock dividend reflects an 8.8% increase ($0.03) from the third quarter of 2025, indicating a positive trend in shareholder returns.
• The dividend yield on common stock is approximately 3.5% based on the closing price of $42.34 on July 22, 2026.
• Consistent dividend payment on preferred stock, maintaining financial stability for preferred shareholders.

Future Outlook

The company has declared regular quarterly dividends for both common and preferred stock, indicating a stable outlook for shareholder distributions.

Management Comments

• The Board of Directors (the Board) of Atlantic Union Bankshares Corporation (the Company) has declared a quarterly dividend of $0.37 per share of common stock, which is the same as the second quarter of 2026 and a $0.03, or an 8.8%, increase from the dividend in the third quarter of 2025.
• The Board also declared a quarterly dividend on the outstanding shares of the Companys 6.875% Perpetual Non-Cumulative Preferred Stock, Series A (the Series A preferred stock).

Industry Context

StockSavvy.ai notes that consistent dividend payouts, especially with increases, are generally viewed positively by the market, signaling financial health and confidence in future earnings within the banking sector.

Stakeholder Impact

• Shareholders will benefit from the declared dividends, with common stockholders receiving an increased quarterly payment.
• Preferred stockholders will continue to receive their regular quarterly dividend payments.

Next Steps

• Shareholders of record as of August 7, 2026, will receive the common stock dividend on August 21, 2026.
• Holders of record as of August 17, 2026, will receive the preferred stock dividend on September 1, 2026.

Key Dates

Recommendation

The filing reports on routine dividend declarations, including a modest increase in the common stock dividend. While positive, this information is generally expected and unlikely to cause significant price movement, thus a 'hold' recommendation is appropriate for seasoned investors.

Keywords

dividend declaration, common stock dividend, preferred stock dividend, shareholder returns, quarterly dividend, Atlantic Union Bank