Fulton Financial (FULT) Declares $0.08 Special Dividend; Extends Timeframe for Stock Repurchase Program
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Fulton Financial (NASDAQ: FULT) declared a special dividend of $0.08 per share.
The dividend will be payable on December 15, 2021, to stockholders of record on December 1, 2021, with an ex-dividend date of November 30, 2021.
The annual yield on the dividend is 0.5 percent.
- Fulton also announced that the Board has extended the timeframe for its stock repurchase program, announced in February 2021, from December 31, 2021 to March 31, 2022.
- The stock repurchase program authorizes Fulton to repurchase up to an aggregate of $75 million of Fulton’s outstanding common stock. To date, approximately $29.2 million of Fulton’s common stock has been repurchased under the repurchase program, with a remaining authorization of up to $45.8 million of common stock that may be repurchased under the program through March 31, 2022.
For a dividend history and other dividend-related data on Fulton Financial (FULT) click here.
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