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 |
| Ticker symbol | FITB |
| ISIN-code | US3167731005 |
| company website | https://www.53.com/ |
| Sector | Financials |
| Business | Financial Services |
| 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 |
| Dividend yield* | 3.6% |
| Stock price* | $36.52 |
| 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.
2022