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In trading on Monday, shares of Atlantic Union Bankshares Corp's 6.875% Non-Cumulative Preferred Shares, Series A (Symbol: AUB.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.72), with shares changing hands as low as $22.74 on the day. This compares to an average yield of 6.73% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, AUB.PRA was trading at a 7.28% discount to its liquidation preference amount, versus the average discount of 9.96% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.

The chart below shows the one year performance of AUB.PRA shares, versus AUB:

Below is a dividend history chart for AUB.PRA, showing historical dividend payments on Atlantic Union Bankshares Corp's 6.875% Non-Cumulative Preferred Shares, Series A:

In Monday trading, Atlantic Union Bankshares Corp's 6.875% Non-Cumulative Preferred Shares, Series A (Symbol: AUB.PRA) is currently off about 1.2% on the day, while the common shares (Symbol: AUB) are off about 2.3%.

Also see:

Yield Charts
Funds Holding WANT
SLB Dividend History

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