Also declares preferred dividends
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 $0.18 for the second quarter of 2018. The dividend is
payable on July 16, 2018 to shareholders of record as of June 29, 2018.
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 July 2, 2018 to shareholders of record as of June
29, 2018.
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 July 2,
2018 to shareholders of record as of June 29, 2018.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2018, the Company had
$142 billion in assets and operates 1,153 full-service Banking Centers,
and 2,459 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
54,000 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 March 31, 2018, had $363 billion in
assets under care, of which it managed $37 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
Larry Magnesen (Media), 513-534-8055