CINCINNATI, Dec. 21, 2010 /PRNewswire-FirstCall/ -- Fifth Third Bancorp (Nasdaq: FITB) today declared its fourth quarter 2010 cash dividends on its common shares and Series F preferred shares.

Fifth Third declared a fourth quarter 2010 cash dividend on its common shares of $0.01. The cash dividend is payable on Thursday, January 20, 2011 to shareholders of record as of Friday, December 31, 2010.

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 Friday, December 31, 2010 to the shareholder of record as of Wednesday, December 15, 2010.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $112 billion in assets and operates 16 affiliates with 1,311 full-service Banking Centers, including 103 Bank Mart® locations open seven days a week inside select grocery stores and 2,434 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, 2010, had $190 billion in assets under care, of which it managed $26 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third's common stock is traded on the NASDAQ® National Global Select Market under the symbol "FITB."

SOURCE Fifth Third Bancorp

Copyright 2010 PR Newswire

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