Fifth Third Bancorp Announces Cash Dividends
June 21 2016 - 2:38PM
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 second quarter of
2016. The dividend is payable on July 15, 2016 to shareholders of
record as of June 30, 2016.
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 June 30, 2016
to shareholders of record as of June 24, 2016.
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 June 30, 2016 to shareholders of record as
of June 24, 2016.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2016, the
Company had $142 billion in assets and operates 1,241 full-service
Banking Centers (including 95 Bank Mart® locations) and 2,556 ATMs
in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee,
West Virginia, Pennsylvania, 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 March 31,
2016, had $303 billion in assets under care, of which it managed
$26 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/20160621006433/en/
Fifth Third BancorpSameer Gokhale (Investors) ,
513-534-2219Larry Magnesen (Media), 513-534-8055
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