Fifth Third Bancorp As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
FITB $1.40 6.1% 10.0% 11.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Financial Services 5.6% 13 9.7% Quarter 1975

Fifth Third Bancorp (FITB) will raise its quarterly dividend by 9.1 percent from $0.11 to $0.12 per share. This is the second dividend hike by the company this year. Fifth Third Bank was established in 1858 and has paid a dividend every year since 1975.

Fifth Third Bancorp, organized in 1975, is a bank holding company  headquartered in Cincinnati, Ohio, and the parent company of Fifth Third Bank, an Ohio-chartered bank. Fifth Third operates full-service banking centers and ATMs with Fifth Third branding 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.