Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends

Rhea-AI Summary

The Board of Directors of Fulton Financial Corporation (FULT) has declared a quarterly cash dividend of $0.14 per share on its common stock, an increase of $0.01 from the previous quarter. This dividend is payable on April 15, 2021, to shareholders on record as of April 1, 2021.

Additionally, a dividend of $12.81 per share on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, has been declared, payable on the same date to record holders as of March 31, 2021.

Positive

• Quarterly cash dividend increased by $0.01 to $0.14 per share.
• Strong dividend payment reflects the company's 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 April 15, 2021, to shareholders of record as of April 1, 2021. This is a one cent per share increase from the quarterly cash dividend that was declared on December 15, 2020.

The Board of Directors also declared a quarterly dividend of $12.81 per share (equivalent to $0.32 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on April 15, 2021, to holders of record of the preferred stock as of March 31, 2021, for the period from and including January 15, 2021 to, but excluding, April 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210316005924/en/

FAQ

What is the dividend amount for Fulton Financial Corporation (FULT) for Q1 2021?

The dividend amount is $0.14 per share for common stock.

When will the dividend for Fulton Financial Corporation (FULT) be paid?

The dividend will be paid on April 15, 2021.

What is the record date for the dividend payment for FULT?

The record date is April 1, 2021, for common stock and March 31, 2021, for preferred stock.

How much is the dividend on the Fixed Rate Non-Cumulative Perpetual Preferred Stock of FULT?

The dividend is $12.81 per share.