Fifth Third Bancorp (NASDAQ:FITBI – Get Free Report) announced a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Investors of record on Thursday, March 27th will be given a dividend of 0.5189 per share on Monday, March 31st. This represents a $2.08 annualized dividend and a yield of 8.09%. The ex-dividend date is Thursday, March 27th.
Fifth Third Bancorp has raised its dividend by an average of 11.8% annually over the last three years.
Fifth Third Bancorp Price Performance
FITBI stock opened at $25.67 on Friday. The company’s 50-day moving average price is $25.89 and its two-hundred day moving average price is $25.77. Fifth Third Bancorp has a 12 month low of $25.12 and a 12 month 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.
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