Fifth Third Bancorp (NASDAQ:FITBI) Trading 0.5% Higher – Should You Buy?

Fifth Third Bancorp (NASDAQ:FITBIGet Free Report)’s stock price was up 0.5% during trading on Friday . The company traded as high as $25.77 and last traded at $25.76. Approximately 22,017 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 29,824 shares. The stock had previously closed at $25.64.

Fifth Third Bancorp Trading Up 0.5 %

The firm’s 50-day moving average is $25.76 and its two-hundred day moving average is $25.72.

Fifth Third Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.5943 per share. The ex-dividend date was Thursday, September 26th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 9.23%. This is an increase from Fifth Third Bancorp’s previous quarterly dividend of $0.59.

About Fifth Third Bancorp

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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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