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 thirteen cents per share on its common stock, payable January 15, 2021, to shareholders of record as of December 31, 2020.

Additionally, a quarterly dividend of $10.82 per share on the Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, is also declared, with payment on January 15, 2021, for holders of record as of December 31, 2020.

Positive

• Quarterly cash dividend of $0.13 per share announced.
• Preferred stock dividend of $10.82 per share declared.

Negative

• None.

The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of thirteen cents per share on its common stock, payable on January 15, 2021, to shareholders of record as of December 31, 2020.

The Board of Directors also declared a quarterly dividend of $10.82 per share (equivalent to $0.27 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on January 15, 2021, to holders of record of the preferred stock as of December 31, 2020, for the period from and including October 29, 2020, the original issue date for the preferred stock, to, but excluding, January 15, 2021.

Fulton Financial Corporation, a $25.5 billion Lancaster, Pa.-based financial holding company, has approximately 3,400 employees and operates more than 220 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/20201215006048/en/

FAQ

What is the dividend amount declared by Fulton Financial Corporation?

The dividend amount declared is thirteen cents per share on common stock.

When will the dividends be paid?

The dividends will be paid on January 15, 2021.

Who is eligible for the dividend?

Shareholders of record as of December 31, 2020, are eligible for the dividend.

What is the preferred stock dividend amount?

The preferred stock dividend is $10.82 per share.