Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends

Rhea-AI Summary

Fulton Financial Corporation (Nasdaq: FULT) announced a quarterly cash dividend of 15 cents per share on common stock, payable on April 14, 2023, with a record date of April 3, 2023. Additionally, the Board declared a quarterly dividend of $12.81 per share for its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on April 17, 2023, to shareholders of record as of April 2, 2023. Fulton, a $26 billion financial holding company based in Lancaster, Pennsylvania, operates over 200 financial centers across multiple states.

Positive

• Declared quarterly cash dividend of 15 cents per share, indicating strong cash flow.
• Declared quarterly dividend of $12.81 per share on preferred stock, reflecting commitment to shareholders.

Negative

• None.

LANCASTER, Pa.--(BUSINESS WIRE)-- Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of fifteen cents per share on its common stock, payable on April 14, 2023, to shareholders of record as of April 3, 2023.

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 April 17, 2023, to shareholders of record as of April 2, 2023, for the period from and including January 15, 2023 to, but excluding, April 15, 2023.

Fulton, a $26 billion Lancaster, Pennsylvania-based financial holding company, has more than 3,300 employees and operates more than 200 financial centers in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20230321005916/en/

Media: Rachel Sharkey (717) 291-2831

Investor: Matt Jozwiak (717) 327-2657

Source: Fulton Financial Corporation

FAQ

What is the dividend amount for Fulton Financial Corporation in 2023?

The dividend amount is 15 cents per share on common stock.

When is the dividend payment date for Fulton Financial Corporation's common stock?

The dividend payment date is April 14, 2023.

What is the dividend payment date for Fulton Financial Corporation's preferred stock?

The dividend payment date for preferred stock is April 17, 2023.

Who is eligible for the dividend from Fulton Financial Corporation?

Shareholders of record as of April 3, 2023, for common stock and April 2, 2023, for preferred stock are eligible.