Fifth Third Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Financial services provider Fifth Third Bancorp announced today its third-quarter dividend of $0.12 per share, the same rate it paid last quarter after raising the payout to investors 9% from $0.11 per share.

The board of directors said the quarterly dividend is payable on October 17 to holders of record at the close of business on September 30. The regular dividend payment equates to a $0.48-per-share annual dividend, yielding 2.6% based on the closing price today of Fifth Third Bancorp's stock.

FITB Dividend Chart
FITB Dividend Chart


FITB Dividend data by YCharts.

The article Fifth Third Keeps Dividend Steady originally appeared on Fool.com.

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