Fifth Third Bancorp (NASDAQ:FITBP) Shares Down 0.1% – What’s Next?

Shares of Fifth Third Bancorp (NASDAQ:FITBP) were down 0.1% during mid-day trading on Friday . The stock traded as low as $24.57 and last traded at $24.62. Approximately 4,943 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 10,711 shares. The stock had previously closed at $24.65.

Fifth Third Bancorp Stock Performance

The company has a 50 day moving average of $24.69 and a 200 day moving average of $24.68.

Fifth Third Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.1%.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp (NASDAQ:FITBP) is a diversified financial services company headquartered in Cincinnati, Ohio, operating through its banking subsidiary, Fifth Third Bank. The company provides a broad array of banking, lending, and wealth management services to individuals, small businesses, middle-market companies and large corporations. Its core offerings include deposit products, home and auto financing, credit cards, and treasury management solutions, complemented by insurance, investment advisory and trust services.

Founded in 1858 with the merger of Third National Bank and Fifth National Bank, Fifth Third has grown through strategic acquisitions and organic expansion to serve customers across a multi-state footprint in the Midwest and Southeast.