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Fulton Financial (FULT) Could Be a Great Choice
FULTFulton Financial (FULT) ZACKS·2025-02-14 17:46

Company Overview - Fulton Financial (FULT) is headquartered in Lancaster and has experienced a price change of 7.05% this year [3] - The company currently pays a dividend of 0.18pershare,resultinginadividendyieldof3.490.18 per share, resulting in a dividend yield of 3.49%, which is higher than the Banks - Northeast industry's yield of 2.51% and the S&P 500's yield of 1.54% [3] Dividend Performance - Fulton Financial's annualized dividend of 0.72 has increased by 4.3% from the previous year [4] - Over the past five years, the company has raised its dividend four times, achieving an average annual increase of 7.12% [4] - The current payout ratio is 39%, indicating that the company pays out 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Fulton Financial's earnings in 2025 is $1.91 per share, reflecting a year-over-year earnings growth rate of 3.24% [5] Investment Appeal - Fulton Financial is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 1 (Strong Buy) [7]