Fulton Financial's Preferred Stock, Series A Crosses Above 6.5% Yield Territory
September 23, 2024 at 14:55 PM EDT
In trading on Monday, shares of Fulton Financial Corp.'s 5.125% Dep Shares Non-Cumul Preferred Stock, Series A (FULTP) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.281), with shares changing hands as low as $19.62 on the day. This compares to an average yield of 6.45% in the "Financial" preferred stock category, according to Preferred Stock Channel..
