Fifth Third Bancorp (NASDAQ:FITBI) Plans Dividend Increase – $0.53 Per Share

Fifth Third Bancorp (NASDAQ:FITBI) announced a quarterly dividend on Friday, September 12th. Investors of record on Friday, September 26th will be given a dividend of 0.5281 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, September 26th. This is a 1.0% increase from Fifth Third Bancorp’s previous quarterly dividend of $0.52.

Fifth Third Bancorp Stock Down 0.0%

Fifth Third Bancorp stock opened at $25.81 on Wednesday. The business has a 50 day moving average of $25.61 and a 200-day moving average of $25.51. Fifth Third Bancorp has a 1 year low of $24.75 and a 1 year high of $26.25.

About Fifth Third Bancorp

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.