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 2014. The dividend is
payable on January 21, 2015 to shareholders of record as of December 31,
2014.
Fifth Third also declared a semi-annual cash dividend on its 5.10%
Non-Cumulative Perpetual Convertible 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, 2014 to shareholders of
record as of December 26, 2014.
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 $0.4140600 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, 2014 to shareholders of record as of December 26, 2014.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $134 billion in
assets and operates 15 affiliates with 1,308 full-service Banking
Centers, including 102 Bank Mart® locations, most open seven days a
week, inside select grocery stores and 2,639 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 September 30, 2014, 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."
Fifth Third Bancorp
Jim Eglseder (Investors), 513-534-8424
Laura Wehby (Investors), 513-534-7407
Larry Magnesen (Media), 513-534-8055