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Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The Board of Directors of Fulton Financial Corporation (NASDAQ: FULT) has declared a quarterly cash dividend of $0.15 per share on its common stock, payable on October 17, 2022, to shareholders of record as of October 3, 2022. Additionally, a dividend of $12.81 per share on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will also be payable on October 17, 2022, to holders of record as of October 2, 2022.
Fulton, a $25 billion financial holding company based in Lancaster, PA, operates over 200 branches across Pennsylvania, Maryland, Delaware, New Jersey, and Virginia.
Positive
Quarterly cash dividend of $0.15 per share enhances shareholder income.
Confidence in continued financial stability with a $12.81 preferred stock dividend.
Negative
None.
LANCASTER, Pa.--(BUSINESS WIRE)--
The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of fifteen cents per share on its common stock, payable on October 17, 2022, to shareholders of record as of October 3, 2022.
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 October 17, 2022, to holders of record of the preferred stock as of October 2, 2022, for the period from and including July 15, 2022, to but excluding, October 15, 2022.
Fulton Financial Corporation, a $25 billionLancaster, 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.fultonbank.com.