Fifth Third Bancorp (FITB) Declares $0.13 Quarterly Dividend; Approves 100M Buyback

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Fifth Third Bancorp Announces Cash Dividends

March 15, 2016 1:43 PM EDT

Board Approves Share Repurchase Authorization of 100 million shares

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bancorp today declared cash dividends on its common shares, Series J 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 first quarter of 2016. The dividend is payable on April 21, 2016 to shareholders of record as of March 31, 2016.

Fifth Third also declared a cash dividend on its 4.90% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series J, at the rate of $612.50 per preferred share,... More