Fulton Financial Keeps Dividend Steady

Financial holding company Fulton Financial announced yesterday its second-quarter dividend of $0.08 per share, the same rate it's paid for the past three quarters after raising the payout 14% from $0.07 per share.

The board of directors said the quarterly dividend is payable on July 15 to the holders of record at the close of business on July 1. The financial holding company has made quarterly payouts to investors since 1986. 

The regular dividend payment equates to a $0.32-per-share annual dividend, yielding 2.8% based on the closing price of Fulton Financial's stock on June 18.


FULT Dividend Chart

FULT Dividend data by YCharts

The article Fulton Financial Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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