Fulton Financial's latest quarterly dividend was on Mar 31, 2023 (ex-date) with a payout of $0.15 per share. On an annualized basis, the company has a current payout of $0.6 per share. This brings the dividend yield to 5.18% based on its recent close price.
Fulton Financial's dividend yield of 5.18% is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.86%, Fulton Financial's dividend yield is 34% higher. Historically FULT's dividend yield has averaged at 3.6% in the last 5 years, which is lower than the current one.
Fulton Financial has been paying dividends since 1994. FULT has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has an increase of 5% since twelve months ago. And with the price of the stock down by 26% from a year ago, the dividend yield has an increase of 42%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 31, 2023 | Apr 14, 2023 | Mar 21, 2023 | $0.15 | normal |
| Dec 30, 2022 | Jan 13, 2023 | Dec 20, 2022 | $0.15 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 21, 2022 | $0.06 | special |
| Sep 30, 2022 | Oct 17, 2022 | Sep 20, 2022 | $0.15 | normal |
| Jun 30, 2022 | Jul 15, 2022 | Jun 21, 2022 | $0.15 | normal |
| Mar 31, 2022 | Apr 18, 2022 | Mar 15, 2022 | $0.15 | normal |
| Dec 30, 2021 | Jan 14, 2022 | Dec 21, 2021 | $0.14 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 19, 2021 | $0.08 | special |
| Sep 30, 2021 | Oct 15, 2021 | Sep 21, 2021 | $0.14 | normal |
| Jun 30, 2021 | Jul 15, 2021 | Jun 15, 2021 | $0.14 | normal |
| Mar 31, 2021 | Apr 15, 2021 | Mar 16, 2021 | $0.14 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Dec 15, 2020 | $0.13 | normal |
| Dec 4, 2020 | Dec 17, 2020 | Nov 25, 2020 | $0.04 | special |
| Oct 1, 2020 | Oct 15, 2020 | Sep 22, 2020 | $0.13 | normal |
| Jun 30, 2020 | Jul 15, 2020 | Jun 16, 2020 | $0.13 | normal |
| Mar 31, 2020 | Apr 15, 2020 | Mar 17, 2020 | $0.13 | normal |
| Dec 31, 2019 | Jan 15, 2020 | Dec 17, 2019 | $0.13 | normal |
| Dec 3, 2019 | Dec 16, 2019 | Nov 25, 2019 | $0.04 | special |
| Sep 30, 2019 | Oct 15, 2019 | Sep 17, 2019 | $0.13 | normal |
| Jun 28, 2019 | Jul 15, 2019 | Jun 18, 2019 | $0.13 | normal |
| Mar 29, 2019 | Apr 15, 2019 | Mar 19, 2019 | $0.13 | normal |
| Dec 31, 2018 | Jan 15, 2019 | Dec 18, 2018 | $0.12 | normal |
| Nov 30, 2018 | Dec 14, 2018 | Nov 19, 2018 | $0.04 | special |
| Sep 28, 2018 | Oct 15, 2018 | Sep 18, 2018 | $0.12 | normal |
| Jun 29, 2018 | Jul 13, 2018 | Jun 19, 2018 | $0.12 | normal |
| Mar 29, 2018 | Apr 13, 2018 | Mar 20, 2018 | $0.12 | normal |
| Dec 29, 2017 | Jan 16, 2018 | Dec 19, 2017 | $0.11 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 20, 2017 | $0.03 | special |
| Sep 29, 2017 | Oct 13, 2017 | Sep 19, 2017 | $0.11 | normal |
| Jun 29, 2017 | Jul 14, 2017 | Jun 20, 2017 | $0.11 | normal |
| Mar 30, 2017 | Apr 14, 2017 | Mar 21, 2017 | $0.11 | normal |
| Dec 29, 2016 | Jan 13, 2017 | Dec 20, 2016 | $0.1 | normal |
| Nov 30, 2016 | Dec 15, 2016 | Nov 23, 2016 | $0.02 | special |
| Sep 28, 2016 | Oct 14, 2016 | Sep 20, 2016 | $0.1 | normal |
| Jun 29, 2016 | Jul 15, 2016 | Jun 21, 2016 | $0.1 | normal |
| Mar 30, 2016 | Apr 15, 2016 | Mar 15, 2016 | $0.09 | normal |
Fulton Financial's payout ratio of 35.3% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 32.1%, Fulton Financial's payout ratio is 10% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PWOD Penns Woods Bancorp Inc | 5.22% | $1.28 | 48.5% |
| FULT Fulton Financial Corp | 5% | $0.6 | 35.3% |
| PNC Pnc Financial Services Group Inc | 4.86% | $6 | 41% |
| PFIS Peoples Financial Services Corp | 4.2% | $1.62 | 32.3% |
| FNB Fnb Corp | 4.18% | $0.48 | 32.4% |
| MTB M&T Bank Corp | 3.99% | $5 | 38.3% |
| FCF First Commonwealth Financial Corp | 3.64% | $0.49 | 35.4% |
Yes, Fulton Financial has paid five dividends in the last twelve months. FULT has been paying dividends since 1994.
FULT hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2023.
Fulton Financial's last regular dividend was on Mar 31, 2023 (ex-date) with the amount of $0.15 per share.
FULT has paid dividend of $0.6 per share in the last year.
The current dividend yield of Fulton Financial is 5.18%.
Fulton Financial pays dividends quarterly.
Fulton Financial's dividend payout ratio is 35.3%.
Fulton Financial's dividend yield is higher than the Financial Services sector average.