Published on 20 Dec 2023 on Simply Wall St. via Yahoo Finance
Fulton Financial's (NASDAQ:FULT) Upcoming Dividend Will Be Larger Than Last Year's
Fulton Financial Corporation (NASDAQ:FULT) will increase its dividend from last year's comparable payment on the 12th of January to $0.17. This makes the dividend yield 4.2%, which is above the industry average.
While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that Fulton Financial's stock price has increased by 37% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield.
View our latest analysis for Fulton Financial