Fifth Third Bancorp (NASDAQ:FITBI – Get Free Report)’s stock price dropped 0.4% on Thursday . The stock traded as low as $25.44 and last traded at $25.48. Approximately 52,895 shares were traded during mid-day trading, an increase of 75% from the average daily volume of 30,305 shares. The stock had previously closed at $25.58.
Fifth Third Bancorp Stock Performance
The firm has a 50 day simple moving average of $25.75 and a 200-day simple moving average of $25.68.
Fifth Third Bancorp Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.5943 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 9.33%. This is a boost from Fifth Third Bancorp’s previous quarterly dividend of $0.59.
About Fifth Third Bancorp
Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.
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