CINCINNATI--(BUSINESS WIRE)--Jun. 20, 2017--
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 $0.14 for the second quarter of 2017. The dividend is
payable on July 17, 2017 to shareholders of record as of June 30, 2017.
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, 2017 to shareholders of record as of
June 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 June 30,
2017 to shareholders of record as of June 29, 2017.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2017, the Company had
$140 billion in assets and operates 1,155 full-service Banking Centers,
and 2,471 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
17.8% interest in Vantiv Holding, LLC. Fifth Third is among the largest
money managers in the Midwest and, as of March 31, 2017, had $323
billion in assets under care, of which it managed $33 billion for
individuals, corporations and not-for-profit organizations through its
Trust, Brokerage and Insurance 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.”
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Source: Fifth Third Bancorp
Fifth Third Bancorp
Sameer Gokhale (Investors), 513-534-2219
Magnesen (Media), 513-534-8055