How will the $0.27 per share dividend affect AUBN's stock price in the short term?

Short‑term price impact

A $0.27 per‑share cash dividend is modest for a small‑cap bank (AUBN’s share price has hovered in the $10‑$12 range). In the days leading up to the ex‑dividend date (Sept 10), the market will typically price‑adjust the stock downward by roughly the dividend amount plus a small “dividend‑capture” premium. For AUBN, that translates into a $0.25‑$0.30 per‑share dip, i.e. a 2–3 % reduction from the current level. The adjustment is mechanical: buyers who own the stock on the record date will be entitled to the payout, so the market subtracts the cash value from the share price.

Trading implications

• Sell‑or‑hold on the ex‑date: If you are a short‑term trader, you can anticipate the 2–3 % pull‑back and either take a quick profit on the pre‑ex rally (typical “dividend‑run‑up”) or avoid buying the dip if you’re risk‑averse.
  
• Dividend‑capture strategy: A modest‑size dividend like $0.27 can still be attractive for dividend‑capture traders. The key is to ensure the expected price‑drop does not exceed the dividend, leaving a net positive “capture.” For AUBN, the pull‑back is likely within the dividend amount, so a long‑position held from the ex‑date to the payment date (Sept 25) can net a small yield of ~2.5 % annualized if the stock remains flat after the ex‑date.
  
• Technical context: AUBN’s daily chart shows the stock near a short‑term support zone around $10.80 with a modest upward bias (higher highs on the 4‑week chart). The ex‑dividend dip could test that support; a break below $10.70 may trigger a short‑term sell‑off, while a bounce back above $10.90 would confirm the dividend‑adjusted price is holding.

Bottom line: Expect a 2–3 %, $0.27‑per‑share, downward adjustment on Sept 10. Traders can either harvest the pre‑ex rally, set a short‑term stop just below the $10.80 support, or, if seeking a modest yield, hold through the payment date provided the stock stabilises after the ex‑dividend pull‑back.