Fifth Third Keeps Dividend Steady
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.
The article Fifth Third Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool owns shares of Fifth Third Bancorp. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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