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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 (FULT) has announced a quarterly cash dividend of $0.14 per share on its common stock, payable on July 15, 2021, to shareholders of record as of July 1, 2021. Additionally, a quarterly dividend of $12.81 per share on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will be paid to holders of record as of June 30, 2021. Fulton Financial Corporation, valued at $26 billion, operates over 200 branches across five states.
Positive
Declared a quarterly cash dividend of $0.14 per share, indicating a return of income to shareholders.
Dividend payments reflect company confidence in financial stability.
Negative
None.
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 July 15, 2021, to shareholders of record as of July 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 July 15, 2021, to holders of record of the preferred stock as of June 30, 2021, for the period from and including April 15, 2021 to, but excluding, July 15, 2021.
Fulton Financial Corporation, a $26 billion Lancaster, 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.