Fulton Financial Corporation Declares Common and Preferred Dividends

Rhea-AI Summary

Fulton Financial (Nasdaq: FULT) announced on June 18, 2024, that its Board of Directors has declared a quarterly cash dividend of seventeen cents per share on its common stock. This dividend will be payable on July 15, 2024, to shareholders of record as of July 1, 2024.

Additionally, 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. This dividend will also be payable on July 15, 2024, to shareholders of record as of June 30, 2024, for the period from April 15, 2024, to July 15, 2024.

Fulton Financial, based in Lancaster, Pennsylvania, is a financial holding company with assets exceeding $30 billion. It employs over 3,500 people and operates more than 200 financial centers across six states through Fulton Bank.

Positive

• Declaration of a quarterly cash dividend of seventeen cents per share on common stock.
• Quarterly dividend of $12.81 per share on Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A.
• Fulton Financial has over $30 billion in assets.
• The company operates more than 200 financial centers across six states.

Negative

• None.

LANCASTER, Pa., June 18, 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 July 15, 2024, to shareholders of record as of July 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 July 15, 2024, to shareholders of record as of June 30, 2024, for the period from and including April 15, 2024, to but excluding, July 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 York, 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-302176054.html

SOURCE Fulton Financial Corporation

FAQ

What dividend did Fulton Financial declare on its common stock?

Fulton Financial declared a quarterly cash dividend of seventeen cents per share on its common stock.

When will the common stock dividend for FULT be payable?

The common stock dividend will be payable on July 15, 2024.

What is the record date for FULT's common stock dividend?

The record date for FULT's common stock dividend is July 1, 2024.

What dividend did Fulton Financial declare on its Series A Preferred Stock?

Fulton Financial declared a quarterly dividend of $12.81 per share on its Series A Preferred Stock.

When is the payable date for the Series A Preferred Stock dividend?

The payable date for the Series A Preferred Stock dividend is July 15, 2024.

What is the record date for the Series A Preferred Stock dividend?

The record date for the Series A Preferred Stock dividend is June 30, 2024.

What are the total assets of Fulton Financial?

Fulton Financial has assets exceeding $30 billion.

How many employees does Fulton Financial have?

Fulton Financial employs over 3,500 people.

In which states does Fulton Financial operate its financial centers?

Fulton Financial operates financial centers in Pennsylvania, New York, New Jersey, Maryland, Delaware, and Virginia.