Fifth Third Bancorp (NASDAQ:FITBI) Stock Price Down 0.1% – Here’s Why

Fifth Third Bancorp (NASDAQ:FITBIGet Free Report)’s share price fell 0.1% during mid-day trading on Friday . The stock traded as low as $25.60 and last traded at $25.6450. 9,610 shares traded hands during trading, a decline of 74% from the average session volume of 37,449 shares. The stock had previously closed at $25.66.

Fifth Third Bancorp Stock Performance

The firm has a 50-day moving average price of $25.62 and a 200-day moving average price of $25.58.

Fifth Third Bancorp (NASDAQ:FITBIGet Free Report) last posted its quarterly earnings results on Thursday, January 20th. The company reported $0.88 earnings per share for the quarter. The company had revenue of $814.00 million for the quarter.

Fifth Third Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 26th were given a dividend of $0.5281 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 8.2%. This is a boost from Fifth Third Bancorp’s previous quarterly dividend of $0.52.

About Fifth Third Bancorp

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Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.

Further Reading

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