Fifth Third Bancorp (NASDAQ:FITBO) to Issue $0.31 Quarterly Dividend

Fifth Third Bancorp (NASDAQ:FITBO) announced a quarterly dividend on Wednesday, December 11th,Wall Street Journal reports. Shareholders of record on Friday, December 27th will be paid a dividend of 0.3094 per share on Tuesday, December 31st. This represents a $1.24 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date of this dividend is Friday, December 27th.

Fifth Third Bancorp Stock Down 0.3 %

Shares of FITBO opened at $23.49 on Thursday. The firm’s 50 day moving average is $23.37 and its 200-day moving average is $21.85. Fifth Third Bancorp has a 12-month low of $19.28 and a 12-month high of $24.15.

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.