What is the story about?
What's Happening?
Fulton Financial Corporation, a financial holding company based in Lancaster, Pennsylvania, has announced the declaration of quarterly cash dividends for its common and preferred stockholders. The Board of Directors has approved a dividend of eighteen cents per share on its common stock, payable on October 15, 2025, to shareholders of record as of October 1, 2025. Additionally, a quarterly 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 shareholders of record as of September 30, 2025. Fulton operates over 200 financial centers across several states, including Pennsylvania, New Jersey, Maryland, Delaware, and Virginia.
Why It's Important?
The declaration of dividends by Fulton Financial Corporation is significant for its shareholders, providing them with a return on their investment. This move reflects the company's financial health and commitment to rewarding its investors. It also highlights the stability and profitability of Fulton, which operates a substantial network of financial centers. The dividends can attract more investors, potentially boosting the company's stock value. For existing shareholders, this announcement ensures continued income, which can be particularly appealing in uncertain economic times.
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