Fulton Financial Corporation (FULT) will raise its quarterly dividend by 8.3 percent to $0.13 per share in 2019. Last year the financial holding company hiked its dividend for the 4th consecutive year and also paid a special dividend.
The next dividend is payable on April 15, 2019, to shareholders of record as of April 1, 2019. The new annual rate of 52 cents yields 3.2% at current stock prices.
Fulton Financial Corporation is the bank holding company of Fulton Bank N.A. The Company's subsidiary bank offers a range of consumer and commercial banking products and services. It also offers investment management, trust, brokerage, insurance and investment advisory services to consumer and commercial banking customers.