Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends

Rhea-AI Summary

The Board of Directors of Fulton Financial Corporation (NASDAQ: FULT) has declared a quarterly cash dividend of 14 cents per share on common stock, payable on January 14, 2022, to shareholders of record as of December 31, 2021.

Additionally, a quarterly dividend of $12.81 per share on Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will be paid on January 18, 2022, to holders of record as of December 31, 2021. Fulton Financial, with assets of $26 billion, operates over 200 branches across several states.

Positive

• Quarterly cash dividend of 14 cents per share declared.
• Dividend reflects company confidence in financial stability.
• Preferred stock shareholders to receive $12.81 per share.

Negative

• None.

LANCASTER, Pa.--(BUSINESS WIRE)-- The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of fourteen cents per share on its common stock, payable on January 14, 2022, to shareholders of record as of December 31, 2021.

The Board of Directors also 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 January 18, 2022, to holders of record of the preferred stock as of December 31, 2021, for the period from and including October 15, 2021 to, but excluding, January 15, 2022.

Fulton Financial Corporation, a $26 billion Lancaster, Pa.-based financial holding company, has more than 3,200 employees and operates more than 200 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.

Additional information on Fulton Financial Corporation can be found at www.fult.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211221005686/en/

Media Contact: Laura Wakeley (717) 291-2616

Investor Contact: Matt Jozwiak (717) 327-2657

Source: Fulton Financial Corporation

FAQ

What is the dividend amount declared by Fulton Financial Corporation?

Fulton Financial Corporation declared a quarterly cash dividend of 14 cents per share.

When will the dividends be paid to shareholders?

The dividends will be paid on January 14, 2022, for common stock and on January 18, 2022, for preferred stock.

Who is eligible to receive the dividend payments from Fulton Financial Corporation?

Shareholders of record as of December 31, 2021, are eligible for the dividend payments.

What is the impact of the dividend on Fulton Financial Corporation's shareholders?

The declared dividends indicate the company's confidence in its financial stability and return on investment for shareholders.