Press release
Fifth Third Bancorp Increases Quarterly Cash Dividend on its Common Shares 3 cents, or 12.5%, to $0.27 per Share
Also declares preferred dividends CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bancorp today declared cash dividends on its common shares, Series I preferred
About this update from Fifth Third Bancorp
[{"type":"text","content":"\nAlso declares preferred dividends\n\n CINCINNATI--(BUSINESS WIRE)--\nFifth Third Bancorp today declared cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, and Class B Series A preferred shares.\n\n\nFifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.27 per share for the first quarter of 2020. The dividend is payable on April 14, 2020 to shareholders of record as of March 31, 2020.\n\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 March 31, 2020 to shareholders of record as of March 27, 2020.\n\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 $320.55 per preferred share, which equates to approximately $12.8219 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 March 31, 2020 to shareholders of record as of March 27, 2020.\n\n\nFifth Third also declared a cash dividend on its 4.95% Non-Cumulative Perpetual Preferred Stock, Series K (Nasdaq: FITBO), at the rate of $309.38 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 March 31, 2020 to shareholders of record as of March 27, 2020.\n\n\nFifth Third also declared a cash dividend on its 6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A (Nasdaq: FITBP), at the rate of $15.00 per preferred share, which equates to approximately $0.3750 for each depositary share. Each depositary share represents a 1/40th ownership interest in a share of Class B Series A Preferred Stock. The Class B Series A dividend is payable on March 31, 2020 to shareholders of record as of March 27, 20...