On November 21, 2022, Fulton Financial Corp (FULT) announced that it will pay a special dividend of $0.06 per share. This follows a dividend hike of 7.1 percent to $0.15 per share earlier in 2022. Fulton declared quarterly cash dividends on its common stock of fifteen cents per share in each of the first, second and third quarters of 2022. The Board is expected to consider the next quarterly cash dividend at its December 2022 meeting.
The FULT special dividend will be paid on December 15, 2022, to shareholders of record as of December 1, 2022. The regular dividend yield for FULT is 3.3% at a stock price of $18.63.
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.