Fifth Third Bancorp (NASDAQ:FITBI) Increases Dividend to $0.59 Per Share

Fifth Third Bancorp (NASDAQ:FITBI) announced a quarterly dividend on Thursday, September 12th, Wall Street Journal reports. Stockholders of record on Thursday, September 26th will be paid a dividend of 0.5943 per share on Monday, September 30th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 9.08%. The ex-dividend date of this dividend is Thursday, September 26th. This is an increase from Fifth Third Bancorp’s previous quarterly dividend of $0.59.

Fifth Third Bancorp Stock Performance

FITBI opened at $26.18 on Wednesday. Fifth Third Bancorp has a 1-year low of $24.11 and a 1-year high of $26.25. The business has a 50 day moving average price of $25.84 and a two-hundred day moving average price of $25.70.

Fifth Third Bancorp Company Profile

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.