Fifth Third Bancorp (NASDAQ:FITBI) Trading 0.3% Higher – Here’s What Happened

Fifth Third Bancorp (NASDAQ:FITBI)’s share price traded up 0.3% during trading on Friday . The stock traded as high as $25.73 and last traded at $25.73. 11,721 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 33,686 shares. The stock had previously closed at $25.65.

Fifth Third Bancorp Stock Up 0.3%

The company has a 50 day moving average price of $25.43 and a 200 day moving average price of $25.61.

Fifth Third Bancorp Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 27th were paid a dividend of $0.4777 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $1.91 annualized dividend and a yield of 7.4%.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services company headquartered in Cincinnati, Ohio. As the parent company of Fifth Third Bank, it offers a wide array of banking and financial products to individuals, small businesses, corporations and governmental entities. Fifth Third Bancorp’s core mission is to provide deposit, lending and wealth management solutions that cater to the evolving needs of its customers.

The company’s principal offerings include consumer and commercial banking services such as checking and savings accounts, home mortgages, credit cards, and installment loans.