Also declares preferred dividends
Fifth Third Bancorp today declared cash dividends on its common shares,
Series J preferred shares, and Series I preferred shares.
Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its
common shares of $0.16 for the third quarter of 2017. The dividend is
payable on October 16, 2017 to shareholders of record as of September
29, 2017.
Fifth Third also declared a cash dividend on its 4.90% Fixed-to-Floating
Rate Non-Cumulative Perpetual Preferred Stock, Series J, at the rate of
$612.50 per preferred share, which equates to approximately $24.50 for
each depositary share. Each depositary share represents a 1/25th
ownership interest in a share of Series J Preferred Stock. The Series J
dividend is payable on October 2, 2017 to shareholders of record as of
September 29, 2017.
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 October 2,
2017 to shareholders of record as of September 29, 2017.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of June 30, 2017, the Company had
$141 billion in assets and operates 1,157 full-service Banking Centers,
and 2,461 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan,
Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina.
In total, Fifth Third provides its customers with access to more than
45,000 fee-free ATMs across the United States. Fifth Third operates four
main businesses: Commercial Banking, Branch Banking, Consumer Lending,
and Wealth & Asset Management. Fifth Third is among the largest money
managers in the Midwest and, as of June 30, 2017, had $330 billion in
assets under care, of which it managed $34 billion for individuals,
corporations and not-for-profit organizations through its Trust and
Registered Investment Advisory businesses. 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
Sean Parker (Media), 513-534-6791