Fifth Third Bancorp (NASDAQ:FITBI) Announces Quarterly Dividend of $0.59

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 annualized dividend and a dividend yield of 9.10%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from Fifth Third Bancorp’s previous quarterly dividend of $0.59.

Fifth Third Bancorp Stock Performance

Shares of NASDAQ:FITBI opened at $26.13 on Tuesday. The stock’s fifty day simple moving average is $25.84 and its two-hundred day simple moving average is $25.70. Fifth Third Bancorp has a 1-year low of $24.11 and a 1-year high of $26.25.

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.