Fulton Financial's Preferred Stock, Series A Shares Cross 7% Yield Mark

Fulton Financial’s 5.125% Series A preferred stock (FULTP) was yielding above 7% on its $1.281 annualized dividend, with intraday trading as low as $18.25. The note is primarily a factual yield update, highlighting income appeal rather than any new company-specific catalyst.

Analysis

Fulton Financial’s 5.125% Series A preferred stock (FULTP) was yielding above 7% on its $1.281 annualized dividend, with intraday trading as low as $18.25. The note is primarily a factual yield update, highlighting income appeal rather than any new company-specific catalyst.