Fifth Third Bancorp Announces Cash Dividends
December 15 2015 - 1:15PM
Business Wire
Fifth Third Bancorp today declared cash dividends on its common
shares, Series H preferred shares, and Series I preferred
shares.
Fifth Third Bancorp (Nasdaq: FITB) today declared a cash
dividend on its common shares of $0.13 for the fourth quarter of
2015. The dividend is payable on January 21, 2016 to shareholders
of record as of December 31, 2015.
Fifth Third also declared a cash dividend on its 5.10%
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
Series H, at the rate of $637.50 per preferred share, which equates
to approximately $25.50 for each depositary share. Each depositary
share represents a 1/25th ownership interest in a share of Series H
Preferred Stock. The Series H dividend is payable on December 31,
2015 to shareholders of record as of December 24, 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 December 31, 2015 to shareholders of record
as of December 24, 2015.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of September 30, 2015, the
Company had $142 billion in assets and operates 1,295 full-service
Banking Centers, including 99 Bank Mart® locations, most open seven
days a week, inside select grocery stores and 2,650 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 an 18.3% interest in Vantiv Holding, LLC. Fifth Third is
among the largest money managers in the Midwest and, as of
September 30, 2015, had $297 billion in assets under care, of which
it managed $25 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.”
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version on businesswire.com: http://www.businesswire.com/news/home/20151215006578/en/
Fifth Third BancorpJim Eglseder (Investors),
513-534-8424Larry Magnesen (Media), 513-534-8055
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