Company Overview - Fulton Financial (FULT) is a financial holding company based in Lancaster, operating in the Finance sector with a year-to-date share price change of -5.29% [3] - The company currently pays a dividend of $0.18 per share, resulting in a dividend yield of 3.94%, which is higher than the Banks - Northeast industry's yield of 2.89% and the S&P 500's yield of 1.57% [3] Dividend Information - Fulton Financial's annualized dividend of $0.72 has increased by 4.3% compared to 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 stands at 39%, indicating that the company distributes 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Fulton Financial's earnings per share for 2025 is projected at $1.87, reflecting a year-over-year growth rate of 1.08% [5] Investment Appeal - Fulton Financial is recognized as an attractive dividend investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [7]
Why Fulton Financial (FULT) is a Top Dividend Stock for Your Portfolio