Fifth Third Bancorp Announces $0.5943 Dividend on Deposit Shares Series I
Fifth Third Bancorp Increases Dividend for Series I Shares
Fifth Third Bancorp, listed under the ticker NASDAQ:FITBI, has officially announced a quarterly dividend of $0.5943 for its Non-Cumulative Perpetual Preferred Shares Series I. This marks a 6% increase from the previous quarter, demonstrating the bank's strong financial health and commitment to providing returns to its shareholders.
Dividend Details
- Dividend Amount: $0.5943 per share
- Forward Yield: 9.16%
- Payment Date: September
This increase in the dividend reflects the bank's positive financial trajectory and its dedication to enhancing shareholder value amid fluctuating market conditions.
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