Fulton Financial Corporation Declares Quarterly Dividends for Common and Preferred Shares

Fulton Financial Corporation Declares Quarterly Dividends

In a recent announcement, Fulton Financial Corporation (NASDAQ: FULT), a financial holding company based in Lancaster, Pennsylvania, declared notable cash dividends for both common and preferred shares. This decision was made during a meeting of the company’s Board of Directors and demonstrates the company's commitment to returning value to its shareholders.

The Board declared a quarterly cash dividend of $0.18 per share for its common stock. This dividend will be payable on April 15, 2025, to all shareholders who are recorded as of April 1, 2025. This consistent dividend is a positive indicator of Fulton’s financial health and operational success in the current economic environment.

Moreover, the Board announced a dividend for its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A. The quarterly dividend for this class of stock is set at $12.81 per share, translating to approximately $0.32025 per depositary share. This dividend will also be paid on April 15, 2025, to shareholders recorded as of March 31, 2025.

Fulton Financial Corporation manages more than $30 billion in assets and employs over 3,400 individuals across the organization. It operates over 200 financial centers in several states, including Pennsylvania, New Jersey, Maryland, Delaware, and Virginia, under the Fulton Bank name. The company has established a robust network and continues to expand its services to meet the needs of its clients.

The announcement of these dividends comes at a time when many companies are reassessing their financial strategies due to the changing economic landscape. Fulton Financial’s decision to maintain and pay out dividends reflects confidence in their ongoing business performance and a strategic approach to shareholder engagement.

Investors and market analysts are likely to view this announcement positively, interpreting it as a sign of stability and potential for future growth within the company. With the financial services sector showing signs of recovery, Fulton’s ability to provide regular dividends also makes it an attractive option for investors looking for income-generating assets.

Fulton Financial has made a name for itself in the competitive financial market by focusing on customer service and community engagement. Its commitment to providing quality financial products while ensuring shareholder returns is evident from their longstanding practice of declaring dividends, which adds to their credibility with investors.

For further insights or information regarding Fulton Financial Corporation and its operations, stakeholders can visit their investor relations page at investor.fultonbank.com.

In conclusion, Fulton Financial Corporation’s declaration of dividends for common and preferred stock not only underscores the company's financial stability but also enhances its reputation in the financial market. As it continues to serve its customers and community, adherence to its commitment to shareholder value appears to be a priority, suggesting potential long-term growth and investor loyalty going forward.