Fifth Third Bancorp Announces Fourth Quarter 2009 Dividends
December 15 2009 - 4:35PM
PR Newswire (US)
CINCINNATI, Dec. 15 /PRNewswire-FirstCall/ -- Fifth Third Bancorp
today declared its fourth quarter 2009 cash dividends on its common
shares, Series G preferred shares and Series F preferred shares.
Fifth Third declared a fourth quarter 2009 cash dividend on its
common shares (NASDAQ:FITB) of $0.01. The cash dividend is payable
on January 21, 2010 to shareholders of record as of December 31,
2009. Fifth Third also declared a fourth quarter cash dividend on
its 8.50% Non-Cumulative Perpetual Convertible Preferred Stock,
Series G, at the rate of $531.25 per share, which equates to
approximately $2.125 for each depositary share. Each depositary
share represents a 1/250th ownership interest in a share of Series
G Preferred Stock (NASDAQ:FITBP). The Series G dividend is payable
on December 31, 2009 to shareholders of record as of December 24,
2009. Fifth Third also declared a cash dividend on its Fixed-Rate
Cumulative Perpetual Preferred Stock, Series F, at the rate of
$312.50 per share. The Series F dividend is payable on December 31,
2009 to the shareholder of record as of December 15, 2009. Fifth
Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $111 billion in
assets, operates 16 affiliates with 1,309 full-service Banking
Centers, including 103 Bank Mart® locations open seven days a week
inside select grocery stores and 2,357 ATMs in Ohio, Kentucky,
Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia,
Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third
operates four main businesses: Commercial Banking, Branch Banking,
Consumer Lending, and Investment Advisors. Fifth Third also has a
49% interest in Fifth Third Processing Solutions, LLC. Fifth Third
is among the largest money managers in the Midwest and, as of
September 30, 2009, has $184 billion in assets under care, of which
it managed $25 billion for individuals, corporations and
not-for-profit organizations. Investor information and press
releases can be viewed at http://www.53.com/. Fifth Third's common
stock is traded on the NASDAQ® National Global Select Market under
the symbol "FITB." DATASOURCE: Fifth Third Bancorp CONTACT: Jim
Eglseder (Investors), +1-513-534-8424; or Rich Rosen (Investors),
+1-513-534-3307; or Debra DeCourcy, APR (Media), +1-513-534-4153
Web Site: http://www.53.com/
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