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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 14 cents per share on its common stock, payable on October 15, 2021, to shareholders of record as of October 1, 2021. Additionally, a dividend of $12.81 per share on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will be paid to holders on the same date for holders of record as of September 30, 2021. Fulton Financial operates over 200 branches across multiple states and has approximately 3,300 employees.
Positive
Declared a cash dividend of $0.14 per share, signaling financial stability.
Continuing dividends on both common and preferred stock reflects confidence in ongoing profitability.
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 October 15, 2021, to shareholders of record as of October 1, 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 October 15, 2021, to holders of record of the preferred stock as of September 30, 2021, for the period from and including July 15, 2021 to, but excluding, October 15, 2021.
Fulton Financial Corporation, a $26 billionLancaster, Pa.-based financial holding company, has approximately 3,300 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.