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.”
Fifth Third Bancorp
Sameer Gokhale (Investors) , 513-534-2219
Larry Magnesen (Media), 513-534-8055