Fifth Third Bancorp (NASDAQ:FITBI) Stock Price Down 0.8% – What’s Next?

Fifth Third Bancorp (NASDAQ:FITBI) fell 0.8% on Monday . The stock traded as low as $25.65 and last traded at $25.67. 20,445 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 29,773 shares. The stock had previously closed at $25.89.

Fifth Third Bancorp Price Performance

The company’s 50-day moving average is $25.64 and its 200-day moving average is $25.74.

Fifth Third Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.5943 dividend. This represents a $2.38 annualized dividend and a yield of 9.26%. The ex-dividend date was Thursday, September 26th. This is a positive change from Fifth Third Bancorp’s previous quarterly dividend of $0.59.

Fifth Third Bancorp Company Profile

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.