Fifth Third Bancorp to Issue Quarterly Dividend of $0.55 (NASDAQ:FITBI)

Fifth Third Bancorp (NASDAQ:FITBI) announced a quarterly dividend on Tuesday, December 10th,Wall Street Journal reports. Shareholders of record on Friday, December 27th will be given a dividend of 0.5479 per share on Tuesday, December 31st. This represents a $2.19 annualized dividend and a yield of 8.55%. The ex-dividend date is Friday, December 27th.

Fifth Third Bancorp Stock Performance

Shares of FITBI traded down $0.05 on Thursday, reaching $25.63. The stock had a trading volume of 29,970 shares, compared to its average volume of 29,912. Fifth Third Bancorp has a twelve month low of $25.04 and a twelve month high of $26.25. The firm has a 50-day moving average of $25.64 and a 200 day moving average of $25.75.

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.