Fulton Fincl Announces Quarterly Dividend of $0.08 (FULT)
Fulton Fincl (NASDAQ:FULT) announced a quarterly dividend on Monday, December 10th. Shareholders of record on Thursday, December 20th will be paid a dividend of $0.08 per share on Thursday, December 27th. This represents a $0.32 annualized dividend and a dividend yield of Infinity.
On a related note, analysts at Barclays Capital initiated coverage on shares of Fulton Fincl in a research note to investors on Tuesday, October 9th. They set an “equal weight” rating and a $11.00 price target on the stock.
Shares of Fulton Fincl (FULT) traded up 0.73% during mid-day trading on Monday, hitting $9.69. Fulton Fincl (FULT) has a 52 week low of $8.75 and a 52 week high of $10.80. The company has a market cap of $1.929 billion and a P/E ratio of 12.33.
Fulton Fincl last posted its quarterly earnings results on Tuesday, October 16th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. Analysts expect that Fulton Fincl (FULT) will post $0.79 EPS for the current fiscal year.
Fulton Financial Corporation is a bank holding company. The Company owns 100% of eight community banks and 12 non-bank entities.
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