Fulton Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of eighteen cents per share on its common stock. This represents a one cent per share increase from the quarterly cash dividend declared in the prior quarter.
The increased dividend is payable on January 15, 2025, to shareholders of record as of December 31, 2024. This move reflects the company's commitment to returning value to its shareholders.
Additionally, Fulton Financial announced a new share repurchase program, authorizing the buyback of up to $125 million of its common stock. This program provides flexibility for capital management and can enhance shareholder value.
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