dividend
confidence high
sentiment positive
materiality 0.65
Fulton Financial increases common dividend 6% to $0.18/share and approves $125M buyback for 2025
FULTON FINANCIAL CORP
- Quarterly common dividend raised to $0.18/share from $0.17, payable Jan 15, 2025 to holders of record Dec 31, 2024.
- Preferred dividend of $12.81/share ($0.32025/depositary share) declared for same payment dates.
- Board authorizes $125M repurchase program for 2025, with up to $25M for preferred stock.
- Chairman & CEO Curt Myers cites 'continued strength and momentum' in announcing the increase.