Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.
Fifth Third Bancorp Dividend Announcement
• Fifth Third Bancorp announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• Fifth Third Bancorp annual dividend for 2024 was $1.07
• Fifth Third Bancorp annual dividend for 2023 was $1.36
• Fifth Third Bancorp's trailing twelve-month (TTM) dividend yield is 3.37%
• Fifth Third Bancorp's payout ratio for the trailing twelve months (TTM) is 46.21%
• Fifth Third Bancorp's dividend growth over the last five years (2018-2023) was 12.94% year
• Fifth Third Bancorp's dividend growth over the last ten years (2013-2023) was 11.21% year
Fifth Third Bancorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $0.37 | quarterly | 2024-10-15 |
| 2024-06-28 | $0.35 | quarterly | 2024-07-15 |
| 2024-03-27 | $0.35 | quarterly | 2024-04-15 |
| 2023-12-28 | $0.35 | quarterly | 2024-01-16 |
| 2023-09-28 | $0.35 | quarterly | 2023-10-16 |
| 2023-06-29 | $0.33 | quarterly | 2023-07-17 |
| 2023-03-30 | $0.33 | quarterly | 2023-04-17 |
| 2022-12-29 | $0.33 | quarterly | 2023-01-17 |
| 2022-09-29 | $0.33 | quarterly | 2022-10-17 |
| 2022-06-29 | $0.30 | quarterly | 2022-07-15 |
| 2022-03-30 | $0.30 | quarterly | 2022-04-18 |
| 2021-12-30 | $0.30 | quarterly | 2022-01-18 |
| 2021-09-29 | $0.30 | quarterly | 2021-10-15 |
| 2021-06-29 | $0.27 | quarterly | 2021-07-15 |
| 2021-03-30 | $0.27 | quarterly | 2021-04-15 |
| 2020-12-30 | $0.27 | quarterly | 2021-01-15 |
| 2020-10-01 | $0.27 | quarterly | 2020-10-15 |
| 2020-06-29 | $0.27 | quarterly | 2020-07-15 |
| 2020-03-30 | $0.27 | quarterly | 2020-04-14 |
| 2019-12-30 | $0.24 | quarterly | 2020-01-15 |
| 2019-09-27 | $0.24 | quarterly | 2019-10-15 |
| 2019-06-27 | $0.24 | quarterly | 2019-07-15 |
| 2019-03-28 | $0.22 | quarterly | 2019-04-15 |
| 2018-12-28 | $0.22 | quarterly | 2019-01-15 |
| 2018-09-27 | $0.18 | quarterly | 2018-10-15 |
| 2018-06-28 | $0.18 | quarterly | 2018-07-16 |
| 2018-03-28 | $0.16 | quarterly | 2018-04-16 |
| 2017-12-28 | $0.16 | quarterly | 2018-01-16 |
| 2017-09-28 | $0.16 | quarterly | 2017-10-16 |
| 2017-06-28 | $0.14 | quarterly | 2017-07-17 |
| 2017-03-29 | $0.14 | quarterly | 2017-04-17 |
| 2016-12-28 | $0.14 | quarterly | 2017-01-17 |
| 2016-09-28 | $0.13 | quarterly | 2016-10-17 |
| 2016-06-28 | $0.13 | quarterly | 2016-07-15 |
| 2016-03-29 | $0.13 | quarterly | 2016-04-21 |
| 2015-12-29 | $0.13 | quarterly | 2016-01-21 |
| 2015-09-28 | $0.13 | quarterly | 2015-10-20 |
| 2015-06-26 | $0.13 | quarterly | 2015-07-21 |
| 2015-03-27 | $0.13 | quarterly | 2015-04-21 |
| 2014-12-29 | $0.13 | quarterly | 2015-01-21 |
| 2014-09-26 | $0.13 | quarterly | 2014-10-16 |
| 2014-06-26 | $0.13 | quarterly | 2014-07-17 |
| 2014-03-27 | $0.12 | quarterly | 2014-04-17 |
| 2013-12-27 | $0.12 | quarterly | 2014-01-23 |
| 2013-09-26 | $0.12 | quarterly | 2013-10-17 |
| 2013-06-26 | $0.12 | quarterly | 2013-07-18 |
| 2013-03-26 | $0.11 | quarterly | 2013-04-18 |
Fifth Third Bancorp Dividend per year
Fifth Third Bancorp Dividend growth
Fifth Third Bancorp Dividend Yield
Fifth Third Bancorp current trailing twelve-month (TTM) dividend yield is 3.37%. Interested in purchasing Fifth Third Bancorp stock? Use our calculator to estimate your expected dividend yield:
Fifth Third Bancorp Financial Ratios
P/E ratio12.53
PEG ratio0.92
P/B ratio1.51
ROE12.50%
Payout ratio46.21%
Current ratio0.27
Quick ratio0.33
Cash Ratio0.03
Fifth Third Bancorp Dividend FAQ
How much is the next Fifth Third Bancorp dividend?
Fifth Third Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Fifth Third Bancorp dividend. The next Fifth Third Bancorp dividend will be released in March, June, September, or December.
When is Fifth Third Bancorp dividend paid?
Fifth Third Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Fifth Third Bancorp pay?
The specific amount of Fifth Third Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fifth Third Bancorp's dividend history.
Does Fifth Third Bancorp stock pay dividends?
Yes, Fifth Third Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fifth Third Bancorp's dividend history.
How much dividend does Fifth Third Bancorp pay?
Fifth Third Bancorp paid $1.07 in 2024, $1.36 in 2023, $1.26 in 2022, $1.14 in 2021, and $1.08 in 2020.
How often does Fifth Third Bancorp pay dividends?
Fifth Third Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Fifth Third Bancorp's dividend yield?
The current dividend yield for Fifth Third Bancorp is 3.37%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Fifth Third Bancorp's exact dividend yield.
When does Fifth Third Bancorp go ex dividend?
Fifth Third Bancorp's ex-dividend date for the latest dividend was on 2024-09-30. Fifth Third Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Fifth Third Bancorp dividend paid?
Fifth Third Bancorp pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Fifth Third Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Fifth Third Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Fifth Third Bancorp dividend per share?
Fifth Third Bancorp paid $1.07 per share in 2024 and $1.36 per share in 2023. The amount of dividend per share that Fifth Third Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Fifth Third Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Fifth Third Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Fifth Third Bancorp a dividend stock?
Yes, Fifth Third Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Fifth Third Bancorp a good dividend stock?
Whether Fifth Third Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Fifth Third Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Fifth Third Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Fifth Third Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Fifth Third Bancorp pay dividends monthly?
Fifth Third Bancorp typically pays dividends on a quarterly basis.
Does Fifth Third Bancorp pay dividends quarterly?
Fifth Third Bancorp currently pays dividends on a quarterly basis.
Has Fifth Third Bancorp ever paid a dividend?
Yes, Fifth Third Bancorp has a history of paying dividends to its shareholders. Fifth Third Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Fifth Third Bancorp dividend stocks?
To buy Fifth Third Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Fifth Third Bancorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Fifth Third Bancorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Fifth Third Bancorp pay dividends 2024?
Fifth Third Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Fifth Third Bancorp increase its dividend in 2024?
Decisions regarding Fifth Third Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Fifth Third Bancorp dividend overview you can look into the above table of dividend history.
How Fifth Third Bancorp dividend works?
The Fifth Third Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Fifth Third Bancorp's dividend process works:
1. Determination of Dividend: Fifth Third Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Fifth Third Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Fifth Third Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Fifth Third Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Fifth Third Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Fifth Third Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Fifth Third Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Fifth Third Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Fifth Third Bancorp dividends paid?
Fifth Third Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Fifth Third Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Fifth Third Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fifth Third Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Fifth Third Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Fifth Third Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fifth Third Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Fifth Third Bancorp pay dividends?
Fifth Third Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Fifth Third Bancorp pay dividends?
The general pattern is that Fifth Third Bancorp pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Fifth Third Bancorp dividend safe?
The safety of Fifth Third Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Fifth Third Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Fifth Third Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Fifth Third Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Fifth Third Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.