Fifth Third Bancorp Announces Cash Dividends
December 19 2017 - 1:40PM
Business Wire
Fifth Third Bancorp today declared cash dividends on its common
shares, Series H preferred shares, and Series I preferred
shares.
Fifth Third Bancorp (Nasdaq: FITB) today declared a cash
dividend on its common shares of $0.16 for the fourth quarter of
2017. The dividend is payable on January 16, 2018 to shareholders
of record as of December 29, 2017.
Fifth Third also declared a cash dividend on its 5.10%
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
Series H, at the rate of $637.50 per preferred share, which equates
to approximately $25.50 for each depositary share. Each depositary
share represents a 1/25th ownership interest in a share of Series H
Preferred Stock. The Series H dividend is payable on January 2,
2018 to shareholders of record as of December 29, 2017.
Fifth Third also declared a cash dividend on its 6.625%
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
Series I (Nasdaq: FITBI), at the rate of $414.06 per preferred
share, which equates to approximately $0.41406 for each depositary
share. Each depositary share represents a 1/1000th ownership
interest in a share of Series I Preferred Stock. The Series I
dividend is payable on January 2, 2018 to shareholders of record as
of December 29, 2017.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of September 30, 2017, the
Company had $142 billion in assets and operates 1,155 full-service
Banking Centers, and 2,465 Fifth Third branded ATMs in Ohio,
Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West
Virginia, Georgia and North Carolina. In total, Fifth Third
provides its customers with access to nearly 55,000 fee-free ATMs
across the United States. Fifth Third operates four main
businesses: Commercial Banking, Branch Banking, Consumer Lending,
and Wealth & Asset Management. Fifth Third also has an 8.6%
interest in Vantiv Holding, LLC. Fifth Third is among the largest
money managers in the Midwest and, as of September 30, 2017, had
$348 billion in assets under care, of which it managed $36 billion
for individuals, corporations and not-for-profit organizations
through its Trust and Registered Investment Advisory businesses.
Investor information and press releases can be viewed at
www.53.com. Fifth Third’s common stock is traded on the NASDAQ®
Global Select Market under the symbol “FITB.”
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version on businesswire.com: http://www.businesswire.com/news/home/20171219006092/en/
Fifth Third BancorpSameer Gokhale (Investors),
513-534-2219orKatrina Booker (Media), 513-534-6858
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