{"id":460963,"date":"2021-03-18T13:49:31","date_gmt":"2021-03-18T17:49:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=460963"},"modified":"2021-03-18T13:49:31","modified_gmt":"2021-03-18T17:49:31","slug":"fifth-third-bancorp-announces-cash-dividends-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fifth-third-bancorp-announces-cash-dividends-2\/","title":{"rendered":"Fifth Third Bancorp Announces Cash Dividends"},"content":{"rendered":"

<\/p>\n

Fifth Third Bancorp Announces Cash Dividends<\/b><\/p>\n

CINCINNATI–(BUSINESS WIRE<\/a>)–
\nToday Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.\n<\/p>\n

\nFifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.27 per share for the first quarter of 2021. The dividend is payable on April 15, 2021 to shareholders of record as of March 31, 2021.\n<\/p>\n

\nFifth 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, 2021 to shareholders of record as of March 29, 2021.\n<\/p>\n

\nFifth Third also declared a cash dividend on its 4.90% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series J (quarterly rate of 3 month LIBOR plus 3.129% per preferred share), at the rate of $211.50 per preferred share, which equates to approximately $8.46 for each depository 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, 2021 to shareholders of record as of March 29, 2021.\n<\/p>\n

\nFifth Third also declared a cash dividend on its 4.95% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K (Nasdaq: FITBO), at the rate of approximately $309.375 per preferred share, which equates to approximately $0.30938 for each depositary share. Each depositary share represents a 1\/1000th ownership interest in a share of Series K Preferred Stock. The Series K dividend is payable on March 31, 2021 to shareholders of record as of March 29, 2021.\n<\/p>\n

\nFifth Third also declared a cash dividend on its 4.50% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L, at the rate of $281.25 per preferred share, which equates to approximately $11.25 for each depositary share. Each depositary share represents a 1\/25th ownership interest in a share of Series L Preferred Stock. The Series L dividend is payable on March 31, 2021 to shareholders of record as of March 29, 2021.\n<\/p>\n

\nFifth Third also declared a cash dividend on its 6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A (Nasdaq: FITBP), at the rate of $15.00 per preferred share, which equates to approximately $0.3750 for each depositary share. Each depositary share represents a 1\/40th ownership interest in a share of Class B Series A Preferred Stock. The Class B Series A dividend is payable on March 31, 2021 to shareholders of record as of March 29, 2021.\n<\/p>\n

About Fifth Third<\/b><\/p>\n

\nFifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of December 31, 2020, the Company had $205 billion in assets and operates 1,134 full-service Banking Centers, and 2,397 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to approximately 52,000 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 December 31, 2020, had $434 billion in assets under care, of which it managed $54 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<\/a>. Fifth Third\u2019s common stock is traded on the NASDAQ\u00ae Global Select Market under the symbol \u201cFITB.\u201d\n<\/p>\n

\nCategory: Dividends\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210318005832\/en\/<\/a><\/span><\/p>\n

\nChris Doll (Investor Relations) March 18, 2021
\n
Christopher.Doll@53.com<\/a> | 513-534-2345\n<\/p>\n

\nEd Loyd (Media)
\n
Edgar.Loyd@53.com<\/a> | 513-534-6397\n<\/p>\n

KEYWORDS:<\/b> United States North America Ohio<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Fifth Third Bancorp Announces Cash Dividends CINCINNATI–(BUSINESS WIRE)– Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.27 per share for the first quarter of 2021. The dividend is payable on April 15, 2021 to shareholders of record as of March 31, 2021. 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 … <\/p>\n

Continue reading “Fifth Third Bancorp Announces Cash Dividends”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-460963","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFifth Third Bancorp Announces Cash Dividends - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fifth-third-bancorp-announces-cash-dividends-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fifth Third Bancorp Announces Cash Dividends - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fifth Third Bancorp Announces Cash Dividends CINCINNATI–(BUSINESS WIRE)– Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.27 per share for the first quarter of 2021. The dividend is payable on April 15, 2021 to shareholders of record as of March 31, 2021. 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 … Continue reading "Fifth Third Bancorp Announces Cash Dividends"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fifth-third-bancorp-announces-cash-dividends-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-18T17:49:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210318005832r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bancorp-announces-cash-dividends-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bancorp-announces-cash-dividends-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Fifth Third Bancorp Announces Cash Dividends\",\"datePublished\":\"2021-03-18T17:49:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bancorp-announces-cash-dividends-2\\\/\"},\"wordCount\":638,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bancorp-announces-cash-dividends-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210318005832r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bancorp-announces-cash-dividends-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bancorp-announces-cash-dividends-2\\\/\",\"name\":\"Fifth Third Bancorp Announces Cash Dividends - 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