CINCINNATI--(BUSINESS WIRE)--Feb. 28, 2017--
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 $0.14 for the first quarter of 2017. The dividend is
payable on April 17, 2017 to shareholders of record as of March 31, 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 March 31, 2017 to shareholders of record as of
March 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 March 31,
2017 to shareholders of record as of March 29, 2017.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of December 31, 2016, the Company
had $142 billion in assets and operates 1,191 full-service Banking
Centers, and 2,495 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois,
Florida, Tennessee, West Virginia, Georgia and North Carolina. Fifth
Third operates four main businesses: Commercial Banking, Branch Banking,
Consumer Lending and Wealth & Asset Management. Fifth Third also has a
17.9% interest in Vantiv Holding, LLC. Fifth Third is among the largest
money managers in the Midwest and, as of December 31, 2016, had $315
billion in assets under care, of which it managed $31 billion for
individuals, corporations and not-for-profit organizations through its
Trust and Brokerage 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.”
View source version on businesswire.com: http://www.businesswire.com/news/home/20170228006754/en/
Source: Fifth Third Bancorp
Fifth Third Bancorp
Sameer Gokhale (Investors), 513-534-2219
Magnesen (Media), 513-534-8055