Fulton Financial Corporation Declares Common and Preferred Dividends

Rhea-AI Summary

Fulton Financial (Nasdaq: FULT) has announced its latest dividend declarations. The Board of Directors has declared a quarterly cash dividend of $0.17 per share on its common stock, payable on October 15, 2024, to shareholders of record as of October 1, 2024. Additionally, a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will be paid on October 15, 2024, to shareholders of record as of September 30, 2024.

Fulton is a $30 billion financial holding company based in Lancaster, Pennsylvania. It employs over 3,500 people and operates more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia through Fulton Bank, N.A.

Positive

• Consistent dividend payments indicate financial stability
• Quarterly cash dividend of $0.17 per common share maintained
• Preferred stock dividend of $12.81 per share ($0.32025 per depositary share) declared
• Large-scale operations with over 200 financial centers across five states
• Substantial asset base of more than $30 billion

Negative

• None.

LANCASTER, Pa., Sept. 17, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that its Board of Directors (the "Board") declared a quarterly cash dividend of seventeen cents per share on its common stock, payable on October 15, 2024, to shareholders of record as of October 1, 2024.

In addition, Fulton announced that the Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on October 15, 2024, to shareholders of record as of September 30, 2024, for the period from and including July 15, 2024, to, but excluding, October 15, 2024.

Fulton, a more than $30 billion Lancaster, Pennsylvania-based financial holding company, has more than 3,500 employees and operates more than 200 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A.

Additional information on Fulton can be found at investor.fultonbank.com.

Media:
Rachel Sharkey (717) 291-2831

Investors:
Matt Jozwiak (717) 327-2657

View original content to download multimedia:https://www.prnewswire.com/news-releases/fulton-financial-corporation-declares-common-and-preferred-dividends-302250928.html

SOURCE Fulton Bank, NA

FAQ

When will Fulton Financial (FULT) pay its next common stock dividend?

Fulton Financial (FULT) will pay its next common stock dividend of $0.17 per share on October 15, 2024, to shareholders of record as of October 1, 2024.

What is the dividend amount for Fulton Financial 's (FULT) preferred stock?

Fulton Financial (FULT) declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A.

How many financial centers does Fulton Financial (FULT) operate?

Fulton Financial (FULT) operates more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia through Fulton Bank, N.A.

What is the asset size of Fulton Financial (FULT)?

Fulton Financial (FULT) is a financial holding company with assets of more than $30 billion.