Fifth Third Bancorp Announces Cash Dividends

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bancorp today declared cash dividends on its common shares, Series H preferred shares, and Series I preferred shares.

Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.13 for the second quarter of 2016. The dividend is payable on July 15, 2016 to shareholders of record as of June 30, 2016.

Fifth Third also declared a cash dividend on its 5.10% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series H, at the rate of $637.50 per preferred share, which equates to approximately $25.50 for each depositary share. Each depositary share represents a 1/25th ownership interest in a share of Series H Preferred Stock. The Series H dividend is payable on June 30, 2016 to shareholders of record as of June 24, 2016.

Fifth Third also declared a cash dividend on its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I (Nasdaq: FITBI), at the rate of $414.06 per preferred share, which equates to approximately $0.41406 for each depositary share. Each depositary share represents a 1/1000th ownership interest in a share of Series I Preferred Stock. The Series I dividend is payable on June 30, 2016 to shareholders of record as of June 24, 2016.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of March 31, 2016, the Company had $142 billion in assets and operates 1,241 full-service Banking Centers (including 95 Bank Mart® locations) and 2,556 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. Fifth Third also has an 18.3% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2016, had $303 billion in assets under care, of which it managed $26 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.”

View source version on businesswire.com: http://www.businesswire.com/news/home/20160621006433/en/

Fifth Third Bancorp
Sameer Gokhale (Investors) , 513-534-2219
Larry Magnesen (Media), 513-534-8055

Source: Fifth Third Bancorp

You May Also Be Interested In

• Portugal Pathways: Golden Visa Requires No Property Purchase
• E.F. Hutton & Co. Serves as Exclusive Financial Advisor on Strategic Business Combination Between Glucotrack and Lōkahi Therapeutics and Exclusive Placement Agent for Approximately $5.7 Million C
• In HelloNation, Swimming Expert Woody Alpern of Atlanta Explains How Long Swim Lessons Take for Kids