FULTP

Fulton Financial Corp. preferred stock is a class of equity security that provides holders with preferential rights over common stockholders, particularly regarding dividend payments and liquidation preference. These preferred shares typically pay fixed dividends at regular intervals and rank senior to common stock in the company's capital structure. Preferred stockholders generally do not have voting rights but receive their stated dividends before any dividends can be paid to common shareholders. In the event of bankruptcy or liquidation, preferred shareholders have priority over common shareholders in claims on the company's assets. This security offers characteristics of both equity and fixed-income investments, appealing to investors seeking higher yields than bonds with less volatility than common stock, though still subject to market and credit risks.