Fifth Third Bancorp Announces $0.5943 Dividend on Deposit Shares Series I

Friday, 13 September 2024, 07:54

Fifth Third Bancorp has declared a dividend of $0.5943 for its Series I deposit shares (NASDAQ:FITBI). This increase reflects a strong commitment to shareholder returns with a forward yield of 9.16%. The dividend will be payable in September, showcasing the bank's continued financial performance.
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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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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