Fifth Third Bancorp Announces Quarterly Cash Dividend on its Series G Preferred Stock
March 13 2012 - 10:33AM
Business Wire
Fifth Third Bancorp announced that on March 13, 2012, the board
of directors declared a quarterly cash dividend on its 8.50%
Non-Cumulative Perpetual Convertible Preferred Stock, Series G
(Nasdaq: FITBP), 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. The Series G dividend is payable on Friday,
March 30, 2012 to shareholders of record as of Friday, March 23,
2012.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $117 billion in
assets and operates 15 affiliates with 1,316 full-service Banking
Centers, including 105 Bank Mart® locations open seven days a week
inside select grocery stores and 2,412 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 Vantiv, LLC, formerly Fifth Third Processing
Solutions, LLC. Fifth Third is among the largest money managers in
the Midwest and, as of December 31, 2011, had $282 billion in
assets under care, of which it managed $24 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."
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