Fulton Financial Stock To Go Ex-dividend Tomorrow (FULT)

NEW YORK ( TheStreet) -- The ex-dividend date for Fulton Financial Corporation (Nasdaq: FULT) is tomorrow, March 24, 2011. Owners of shares as of market close today will be eligible for a dividend of four cents per share. At a price of $10.80 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for Fulton Financial has been 1.1 million shares per day over the past 30 days. Fulton Financial has a market cap of $2.2 billion and is part of the financial sector and banking industry. Shares are up 4.7% year to date as of the close of trading on Tuesday.

Fulton Financial Corporation operates as a multi-bank holding company that offers retail and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. The company has a P/E ratio of 18.7, equal to the average banking industry P/E ratio and above the S&P 500 P/E ratio of 16.1.
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TheStreet Ratings rates Fulton Financial as buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, good cash flow from operations, expanding profit margins and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Fulton Financial Ratings Report.

See our dividend calendar or top-yielding stocks list.

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