Fifth Third Bancorp (NASDAQ:FITBI – Get Free Report) declared a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.5189 per share on Monday, March 31st. This represents a $2.08 dividend on an annualized basis and a yield of 8.09%. The ex-dividend date is Thursday, March 27th.
Fifth Third Bancorp has increased its dividend payment by an average of 11.8% per year over the last three years.
Fifth Third Bancorp Stock Up 0.0 %
NASDAQ FITBI traded up $0.01 during midday trading on Friday, hitting $25.67. 23,309 shares of the company traded hands, compared to its average volume of 32,302. Fifth Third Bancorp has a 52 week low of $25.12 and a 52 week high of $26.25. The company’s 50-day simple moving average is $25.88 and its 200-day simple moving average is $25.77.
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.
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