Fifth Third Bancorp As of October 18, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
FITB $1.20 11.1% 12.5% 9.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Financial Services 2.7% 11 16.5% Quarter 1975
Fifth Third Bancorp hikes dividend by 11.1%

Fifth Third Bancorp (FITB) will raise its quarterly dividend by 11.1 percent to 30 cents per share in 2021. This follows a dividend hike of 12.5 percent to $0.27 per share announced by USB in 2020 and marks 11 consecutive years of dividend increases.

The next FITB dividend of $0.30 per share is payable on October 15, 2021 to shareholders of record as of September 30, 2021. A new annualized dividend rate of $1.20 per share yields 3.0% to Fifth Third Bancorp shareholders at a stock price of $40.27. The next ex-dividend date for FITB stock is September 29, 2021.

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. Fifth Third Bank was established in 1858 and has paid a dividend every year since 1975.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Oct 28 AOS 1.7% 7.7%
Oct 28 ZTS 0.5% 0.0%
Oct 28 COST 0.7% 12.9%
Oct 28 CARR 0.9% 0.0%
Oct 28 UNM 4.4% 5.3%
Oct 28 INFO 0.6% 17.6%
Oct 28 MS 2.8% 100.0%
Oct 28 NI 3.6% 4.8%
Oct 29 TXN 2.4% 12.7%
Oct 29 NRG 3.2% 8.3%