Atlantic Union Bankshares Corporation Declares Quarterly Dividend

RICHMOND, Va., July 18, 2019 (GLOBE NEWSWIRE) -- 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 CorporationHeadquartered 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, Inc., and its subsidiary, Outfitter Advisors, Ltd., Dixon, Hubard, Feinour & Brown, Inc., 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.

Contact:

Bill Cimino, Vice President and Director of Investor Relations 804.448.0937

Source: Atlantic Union Bankshares Corporation

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