Fifth Third Bancorp Increases Quarterly Cash Dividend on its Common Shares 3 cents, or 10%, to $0.33 per Share

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[{"type":"text","content":"\nAlso declares preferred dividends\n\n CINCINNATI--(BUSINESS WIRE)--\nToday Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.\n\nFifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.33 per share for the third quarter of 2022. The dividend is payable on October 17, 2022 to shareholders of record as of September 30, 2022.\n\nFifth Third also declared a cash dividend on its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I (Nasdaq: FITBI), at the rate of $414.06 per preferred share, which equates to approximately $0.41406 for each depositary share. Each depositary share represents a 1/1000th ownership interest in a share of Series I Preferred Stock. The Series I dividend is payable on September 30, 2022 to shareholders of record as of September 28, 2022.\n\nFifth Third also declared a cash dividend on its 4.90% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series J (quarterly rate of 3 month LIBOR plus 3.129% per preferred share), at the rate of $343.62 per preferred share, which equates to approximately $13.7448 for each depository share. Each depositary share represents a 1/25th ownership interest in a share of Series J Preferred Stock. The Series J dividend is payable on September 30, 2022 to shareholders of record as of September 28, 2022.\n\nFifth Third also declared a cash dividend on its 4.95% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K (Nasdaq: FITBO), at the rate of approximately $309.375 per preferred share, which equates to approximately $0.30938 for each depositary share. Each depositary share represents a 1/1000th ownership interest in a share of Series K Preferred Stock. The Series K dividend is payable on September 30, 2022 to shareholders of record as of September 28, 2022.\n\nFifth Third also declared a cash dividend on its 4.50% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L, at the rate of $281.25 per preferred share, which equates to approximately $11.25 for each depositary share. Each depositary share represents a 1/25th ownership interest in a share of Series L Preferred Stock. The Series L dividend is ...

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