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Fifth Third Bancorp Plans Quarterly Dividend of $0.41 (NASDAQ:FITBI)

Financial News Live ·  Mar 27, 2023 07:22

Fifth Third Bancorp (NASDAQ:FITBI – Get Rating) announced a quarterly dividend on Monday, March 20th, Wall Street Journal reports. Shareholders of record on Wednesday, March 29th will be paid a dividend of 0.4141 per share on Friday, March 31st. This represents a $1.66 dividend on an annualized basis and a yield of 7.28%. The ex-dividend date is Tuesday, March 28th.

Fifth Third Bancorp Stock Performance

Shares of FITBI stock opened at $22.76 on Monday. Fifth Third Bancorp has a fifty-two week low of $21.08 and a fifty-two week high of $27.06. The company has a 50 day moving average price of $24.75 and a 200 day moving average price of $25.09.

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Institutional Trading of Fifth Third Bancorp

An institutional investor recently bought a new position in Fifth Third Bancorp stock. PNC Financial Services Group Inc. bought a new position in shares of Fifth Third Bancorp (NASDAQ:FITBI – Get Rating) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 1,524 shares of the company's stock, valued at approximately $37,000.

Fifth Third Bancorp Company Profile

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Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people, and focused community impact.

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