On September 12, 2022, Fifth Third Bancorp (FITB) declared a quarterly dividend of $0.33 per share, up 10% from the previous quarterly dividend of $0.30 per share. This marks 12 consecutive years of dividend increases by the bank holding company.
The next FITB dividend of $0.33 per share is payable on October 17, 2022 to shareholders of record as of September 30, 2022. A new annualized dividend rate of $1.32 per share yields 3.6% to Fifth Third Bancorp shareholders at a stock price of $36.52. The next ex-dividend date for FITB stock is September 29, 2022.
|Fifth Third Bancorp (FITB) Dividend history & growth statistics|
|Company name||Fifth Third Bancorp|
|Dividend paid since||1975|
|Track record (years increased)||12|
|Payment Frequency||Quarterly dividend|
|Dividend growth: 5 year average||15.6%|
|Next dividend per share||$0.33|
|Annual dividend per share||$1.32|
|YTD Total Return*||-14.8%|
|Next ex-dividend date||September 29, 2022|
|Next payment date||October 17, 2022|
|Market cap (in $B)*||25.06|
|Total dividend (in $B)||0.91|
|© www.dividendhike.com||*As of September 12, 2022|
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.