Fifth Third Bancorp (NASDAQ:FITBI) Announces Quarterly Dividend of $0.59

Fifth Third Bancorp (NASDAQ:FITBI) announced a quarterly dividend on Monday, June 17th, Wall Street Journal reports. Investors of record on Thursday, June 27th will be paid a dividend of 0.586 per share on Monday, July 1st. This represents a $2.34 annualized dividend and a yield of 9.04%. The ex-dividend date is Thursday, June 27th.

Fifth Third Bancorp Stock Performance

NASDAQ FITBI traded down $0.06 on Monday, reaching $25.92. 34,742 shares of the stock traded hands, compared to its average volume of 26,746. Fifth Third Bancorp has a 12 month low of $24.11 and a 12 month high of $26.25. The firm’s fifty day simple moving average is $25.53 and its 200 day simple moving average is $25.54.

About Fifth Third Bancorp

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.