Fulton Financial Corporation

NasdaqGS:FULT Stock Report

Market Cap: US$3.6b

Fulton Financial Dividends and Buybacks

Dividend criteria checks 5/6

Fulton Financial is a dividend paying company with a current yield of 3.46% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.

Key information

3.5%

Dividend yield

-6.6%

Buyback Yield

Total Shareholder Yield-3.1%
Future Dividend Yield3.8%
Dividend Growth6.1%
Next dividend pay date15 Jan 25
Ex dividend date31 Dec 24
Dividend per shareUS$0.680
Payout ratio42%

Recent dividend and buyback updates

Recent updates

Fulton Financial: Potential Headwinds In The Short Term

Nov 25

Fulton Financial Corp: Time To Lower Expectations (Rating Downgrade)

Sep 09

Results: Fulton Financial Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Jul 19
Results: Fulton Financial Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Fulton Financial: A Decent Prospect In The Banking Sector

Feb 05

Fulton Financial Corporation Recorded A 5.7% Miss On Revenue: Analysts Are Revisiting Their Models

Jan 19
Fulton Financial Corporation Recorded A 5.7% Miss On Revenue: Analysts Are Revisiting Their Models

If EPS Growth Is Important To You, Fulton Financial (NASDAQ:FULT) Presents An Opportunity

Dec 27
If EPS Growth Is Important To You, Fulton Financial (NASDAQ:FULT) Presents An Opportunity

Fulton Financial (NASDAQ:FULT) Ticks All The Boxes When It Comes To Earnings Growth

Aug 08
Fulton Financial (NASDAQ:FULT) Ticks All The Boxes When It Comes To Earnings Growth

Here's Why Fulton Financial (NASDAQ:FULT) Has Caught The Eye Of Investors

Apr 21
Here's Why Fulton Financial (NASDAQ:FULT) Has Caught The Eye Of Investors

Upcoming Dividend Payment

TodayDec 29 2024Ex Dividend DateDec 31 2024Dividend Pay DateJan 15 202515 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: FULT's dividends per share have been stable in the past 10 years.

Growing Dividend: FULT's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Fulton Financial Dividend Yield vs Market
How does FULT dividend yield compare to the market?
SegmentDividend Yield
Company (FULT)3.5%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Banks)2.6%
Analyst forecast (FULT) (up to 3 years)3.8%

Notable Dividend: FULT's dividend (3.46%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: FULT's dividend (3.46%) is low compared to the top 25% of dividend payers in the US market (4.52%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (42.4%), FULT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FULT's dividends in 3 years are forecast to be well covered by earnings (37.7% payout ratio).


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 06:29
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fulton Financial Corporation is covered by 28 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jason GoldbergBarclays
Erik ZwickBoenning & Scattergood, Inc.
Russell Elliott GuntherBofA Global Research