Fifth Third Bancorp Announces Cash Dividends
March 17 2015 - 2:19PM
Business Wire
Fifth Third Bancorp today declared cash dividends on its common
shares, Series I preferred shares, and Series J preferred
shares.
Fifth Third Bancorp (Nasdaq: FITB) today declared a cash
dividend on its common shares of $0.13 for the first quarter of
2015. The dividend is payable on April 21, 2015 to shareholders of
record as of March 31, 2015.
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 March 31, 2015 to shareholders of record as
of March 27, 2015.
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 March 31, 2015
to shareholders of record as of March 27, 2015.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of December 31, 2014, the
Company had $139 billion in assets and operated 15 affiliates with
1,302 full-service Banking Centers, including 101 Bank Mart®
locations, most open seven days a week, inside select grocery
stores and 2,638 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 22.8%
interest in Vantiv Holding, LLC. Fifth Third is among the largest
money managers in the Midwest and, as of December 31, 2014, had
$308 billion in assets under care, of which it managed $27 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®
Global Select Market under the symbol "FITB."
Fifth Third BancorpJim Eglseder (Investors),
513-534-8424orLaura Wehby (Investors),
513-534-7407orLarry Magnesen (Media),
513-534-8055
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