Fulton Financial Corporation Announces Quarterly Dividend Details
Fulton Financial Corporation Dividend Announcement
Fulton Financial Corporation, also known as Fulton, has announced an important update regarding its dividend strategy. The Board of Directors has declared a quarterly cash dividend on its common stock, affirming the company's solid financial position. Shareholders will receive seventeen cents per share, with payment scheduled soon, underscoring the ongoing commitment to returning value to investors.
Details of the Common Stock Dividend
Key Dates for the Common Stock Dividend
This dividend is set to be paid on October 15, 2024, to those shareholders who are recorded as of October 1, 2024. This timeline allows shareholders to have a clear understanding of when to expect the dividends, promoting confidence in the company’s financial health.
Information on Preferred Stock Dividend
In addition to the cash dividend for common stock, the Board has also approved a dividend for its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A. Shareholders will receive $12.81 per share, which translates to $0.32025 per depositary share.
Payment Timeline for Preferred Stock
This dividend will be distributed on the same date as the common stock dividend: October 15, 2024. The record date for this dividend is September 30, 2024, covering the period from July 15, 2024 to October 15, 2024. Such timely declarations reflect Fulton’s sustained performance and commitment to its shareholders.
Company Overview
Fulton Financial Corporation is a significant player in the financial sector, with assets exceeding $30 billion. The company boasts a workforce of more than 3,500 employees and operates over 200 financial centers. Through its flagship institution, Fulton Bank, N.A., it provides a range of financial services in various states across the Mid-Atlantic region.
Commitment to Shareholders
Fulton’s continued success and operational growth are evident in its ability to maintain consistent dividends, creating a reliable income stream for investors. This practice is a cornerstone of Fulton’s business model and reflects the solid fundamentals driving the company’s performance.
Future Expectations
Looking ahead, Fulton Financial Corporation remains focused on strategic growth and expansion while ensuring that shareholder interests come first. The management is continuously evaluating opportunities to enhance value, illustrating their commitment to a sustainable and profitable future.
Shareholder Engagement
Fulton understands that effective communication with shareholders is key to building trust and fostering long-term relationships. By regularly updating investors on financial matters, the company is positioning itself as a reputable and transparent entity within the financial community.
Frequently Asked Questions
What is the dividend amount declared by Fulton Financial Corporation?
The Board declared a quarterly cash dividend of seventeen cents per share on its common stock and $12.81 per share on its preferred stock.
When will the dividends be paid out?
Both the common and preferred stock dividends will be paid on October 15, 2024.
What is the record date for the dividends?
The record date for the common stock dividend is October 1, 2024, and for the preferred stock, it is September 30, 2024.
How many financial centers does Fulton operate?
Fulton Financial Corporation operates over 200 financial centers across several states in the Mid-Atlantic region.
What is the financial standing of Fulton Financial Corporation?
Fulton has assets exceeding $30 billion and employs more than 3,500 individuals, reflecting a robust financial position in the market.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Chad Richison's Significant Stock Sale and Paycom's Financial Status
- WildBrain's 2024 Financial Results: Challenges and Opportunities
- Viatris Boosts Maximum Tender Offer to Enhance Financial Flexibility
- Hovnanian Enterprises' Recent Stock Activity and Financial Outlook
- WildBrain Ltd. Reports Financial Results and Future Outlook
- Clorox Announces Consistent Dividend with Shareholder Benefits
- Vecima Networks Announces New Quarterly Dividend Policy
- Spire Global Faces Securities Lawsuit Amid Alarming Financial News
- Methode Electronics Faces Class Action: Key Dates and Details
- Southwest Gas Holdings Announces Cash Dividend for Shareholders
Recent Articles
- INOVIO Showcases Innovations at Major Scientific Conference
- Allison Transmission and LiuGong Collaborate for Mining Innovation
- GeoVax Labs Adjusts Meeting Plans, Sets New Date for Stockholders
- Roku Inc. Secures $300 Million Credit Facility for Growth
- Kytopen's Flowfect Tx™ Platform Sets New Standard for Cell Engineering
- Challenges Ahead for Dunxin Financial Following Delisting
- Lockheed Martin Secures $297M Contract for NOAA Lightning Mapper
- Mondee Boosts Growth Prospects with $15M Credit Secured
- MEM Enhances Midwest Operations with Exciting Brand Launch
- Cousins Properties Declares Q3 Dividend of $0.32 Per Share
- Truist Securities Increases Cintas Price Target to $225
- Guayakí Yerba Mate and LAFC Join Forces to Transform Soccer
- D-Market's Strategic Board Expansion Amidst Financial Decisions
- Aflac Donates 40 Special Ducks to Children’s Hospital Patients
- Interactive Strength Inc. Restructures Debt through Equity Swap
- Emergent BioSolutions Declares Strategic Equity Moves Today
- Capricor Therapeutics Boosts Market Confidence with New Deals
- Bridgette P. Heller's Recent Sell-off: Impacts on DexCom's Market
- Cytokinetics Executive Sells Stock Amid Positive Drug Developments
- Michael Davis Increases Stake in Cyanotech with $8,200 Purchase
- Air Industries Group Insider Transaction and Recent Developments
- Neurocrine Biosciences: Executive Stock Sale and Future Prospects
- IBEX Ltd Insider Transactions Highlight Financial Performance
- Steve Cohen Shifts Focus to Growth at Point72 Asset Management
- BlackRock and Microsoft Unite for a Major AI Investment Fund
- Introducing $BBT Token: Revolutionizing Blockchain Gaming Experience
- Indivior PLC Investors Can Now Seize Class Action Opportunity
- Understanding the Latest Developments with Transocean Ltd. RIG
- Biden Administration Plans Significant Oil Purchase to Replenish Reserves
- Emerie.ai: Transforming Customer Experience in FinTech
- Casella Waste Systems Initiates $400 Million Stock Offering
- RadNet, Inc. Showcases Innovations at Upcoming Virtual Conference
- Structure Therapeutics Enhances Leadership Team for Growth
- Resolute Holdings Expands Presence with CompoSecure Acquisition
- GOREWEAR Launches Innovative Lineup for Running and Cycling
- DXC Technology Company Investors Encouraged to Act Before Deadline
- Kairos Pharma Celebrates Successful $6.2 Million IPO
- Toll Brothers Declares Quarterly Dividend for Shareholders
- Massive Bitcoin Profits and the Whales' Predictive Moves
- Americold Realty Trust Sets Upcoming Earnings Conference Date
- Chanson International Secures $7.274 Million in Recent Offering
- Mondee Secures $15 Million Credit, Extends Key Financial Deadlines
- Strategic Cost Management: Blink Charging's Path to Growth
- Teamsters Secure Significant Wage and Benefit Gains
- Resignation of Independent Directors from 23andMe's Board
- Rosen Law Firm Urges Investors to Act Now for Moderna Case
- ISS A/S Shareholding Changes: Insights on Major Transactions
- Resignation of 23andMe Board Directors Sparks Strategic Debate
- Toro Company Announces Dividend: What's Next for Investors?
- AG Growth International Inc. Releases Q3 2024 Dividend Details