 RICHMOND, Va., July 24, 2020 GLOBE NEWSWIRE -- The Board of Directors the Board of Atlantic Union Bankshares Corporation the Company has declared a quarterly dividend of 0.25 per share of common stock. The common stock dividend amount is the same as that paid in the prior quarter and the third quarter of 2019. Based on the Companys common stock closing price of 23.79 on July 23, 2020, the dividend yield is approximately 4.2. The common stock dividend is payable on August 21, 2020 to common shareholders of record as of August 7, 2020.The Board also declared a quarterly dividend on the outstanding shares of its 6.875 Perpetual Non-Cumulative Preferred Stock, Series A the Series A preferred stock. The Series A preferred stock is represented by depositary shares, each representing a 1400th ownership interest in a share of Series A preferred stock. The dividend of 156.60 per share equivalent to 0.39 per outstanding depositary share is payable on September 1, 2020 to holders of record as of August 14, 2020.About Atlantic Union Bankshares Corporation Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation Nasdaq: AUB is the holding company for Atlantic Union Bank. Atlantic Union Bank has 149 branches and approximately 170 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, and investment advisory 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 andor brokerage services; and Union Insurance Group, LLC, which offers various lines of insurance products.Contact: Bill Cimino, Senior Vice President and Director of Investor Relations 804.448.0937 