Fifth Third Bancorp Announces Third Quarter 2009 Dividends
CINCINNATI, Sept. 15/PRNewswire-FirstCall/ -- Fifth Third Bancorp today declared its third quarter 2009 cash dividends on its common shares, Series G preferred shares and Series F preferred shares.
Fifth Third declared a third quarter 2009 cash dividend on its common shares (Nasdaq: FITB) of $0.01. The cash dividend is payable on October 22, 2009 to shareholders of record as of September 30, 2009.
Fifth Third also declared a second quarter cash dividend on its 8.50% Non-Cumulative Perpetual Convertible Preferred Stock, Series G, at the rate of $531.25 per share, which equates to approximately $2.125 for each depositary share. Each depositary share represents a 1/250th ownership interest in a share of Series G Preferred Stock (Nasdaq: FITBP). The Series G dividend is payable on September 30, 2009 to shareholders of record as of September 25, 2009.
Fifth Third also declared a cash dividend on its Fixed-Rate Cumulative Perpetual Preferred Stock, Series F, at the rate of $312.50 per share. The Series F dividend is payable on September 30, 2009 to the shareholder of record as of September 15, 2009.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $116 billion in assets, operates 16 affiliates with 1,308 full-service Banking Centers, including 100 Bank Mart locations open seven days a week inside select grocery stores and 2,358 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 49% interest in Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2009, has $180 billion in assets under care, of which it managed $24 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third's common stock is traded on the NASDAQ National Global Select Market under the symbol "FITB."