Fifth Third Bancorp Announces Cash Dividend for MB Financial Series C Preferred Stock
April 24 2019 - 5:36PM
Business Wire
Fifth Third Bancorp (Nasdaq: FITB) announced today that the
Board of Directors of its wholly-owned subsidiary, MB Financial,
Inc. (the “Company”), has declared a quarterly cash dividend on the
Company’s 6.00% Non-Cumulative Perpetual Preferred Stock, Series C
(“Series C Preferred Stock”). This dividend equals $0.375 per
depositary share, each depositary share representing a 1/40th
interest in a share of Series C Preferred Stock, and is payable on
May 28, 2019 to holders of record as of May 13, 2019.
Fifth Third Bancorp is a diversified financial
services company headquartered in Cincinnati, Ohio. As of March 31,
2019, the Company had $168 billion in assets and operates 1,207
full-service Banking Centers, and 2,559 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 approximately 52,000 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 is among the largest
money managers in the Midwest and, as of March 31, 2019, had $394
billion in assets under care, of which it managed $44 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: https://www.businesswire.com/news/home/20190424006133/en/
Chris Doll (Investors)(513) 534-2345
Gary Rhodes (Media)(513) 534-4225
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