Fifth Third Bancorp Announces Cash Dividends
February 26 2019 - 5:34PM
Business Wire
Fifth Third Bancorp today declared cash dividends on its common
shares, Series J preferred shares, and Series I preferred
shares.
Fifth Third Bancorp (Nasdaq: FITB) declared a cash dividend on
its common shares of $0.22 for the first quarter of 2019. The
dividend is payable on April 15, 2019 to shareholders of record as
of March 29, 2019.
Fifth Third also declared a cash dividend on its 4.90%
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
Series J, at the rate of $612.50 per preferred share, which equates
to approximately $24.50 for each depositary share. Each depositary
share represents a 1/25th ownership interest in a share of Series J
Preferred Stock. The Series J dividend is payable on April 1, 2019
to shareholders of record as of March 29, 2019.
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 April 1, 2019 to shareholders of record as
of March 29, 2019.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of December 31, 2018, the
Company had $146 billion in assets and operates 1,121 full-service
Banking Centers, and 2,419 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 December 31, 2018, had
$356 billion in assets under care, of which it managed $37 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/20190226006235/en/
Chris Doll (Investors)(513) 534-2345
Gary Rhodes (Media)(513) 534-4225
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