Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends

Rhea-AI Summary

The Board of Directors of Fulton Financial Corporation (NASDAQ: FULT) has announced a quarterly cash dividend of 15 cents per share on common stock, payable on July 15, 2022, to shareholders of record as of July 1, 2022. Additionally, a dividend of $12.81 per share on Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will be paid to holders of record as of June 30, 2022. Fulton Financial is a financial holding company based in Lancaster, PA, with over $26 billion in assets and operates more than 200 branches across several states.

Positive

• Declaration of a quarterly cash dividend of 15 cents per share enhances shareholder income.
• Strong financial position with over $26 billion in assets indicates company stability.

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 July 15, 2022, to shareholders of record as of July 1, 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 July 15, 2022, to holders of record of the preferred stock as of June 30, 2022, for the period from and including April 15, 2022, to but excluding, July 15, 2022.

Fulton Financial Corporation, a $26 billion Lancaster, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220621006053/en/

Media Contact: Laura Wakeley (717) 291-2616

Investor Contact: Matt Jozwiak (717) 327-2657

Source: Fulton Financial Corporation

FAQ

When is the next dividend payment for Fulton Financial Corporation (FULT)?

The next dividend payment is scheduled for July 15, 2022.

What is the amount of the cash dividend declared by Fulton Financial Corporation (FULT)?

The declared cash dividend is 15 cents per share.

Who is eligible to receive the dividend from Fulton Financial Corporation (FULT)?

Shareholders of record as of July 1, 2022, are eligible to receive the dividend.

What is the dividend amount for the Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A for FULT?

The dividend amount is $12.81 per share.

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

The preferred stock dividend will be paid on July 15, 2022.