Fifth Third Bancorp's most recent quarterly dividend payment of $0.35 per share was made to shareholders on record before Mar 27, 2024. At an annualized rate of $1.38 per share, the stock yields 3.71%.
FITB has a dividend yield of 3.71% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.23%, Fifth Third Bancorp's dividend yield is 15% higher. The current dividend yield is similar to the historical average of 3.9% of the last 5 years.
Fifth Third Bancorp has been paying dividends for the last 30 years. According to our data FITB has issued five quarterly dividends in the last twelve months. The annualized DPS has increased by 10% for the last year. However since the stock price has gone up by 41% from a year ago, the dividend yield has decreased by 22%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 27, 2024 | Apr 15, 2024 | Mar 18, 2024 | $0.35 | normal |
Dec 28, 2023 | Jan 16, 2024 | Dec 12, 2023 | $0.35 | normal |
Sep 28, 2023 | Oct 16, 2023 | Sep 11, 2023 | $0.35 | normal |
Jun 29, 2023 | Jul 17, 2023 | Jun 13, 2023 | $0.33 | normal |
Mar 30, 2023 | Apr 17, 2023 | Mar 16, 2023 | $0.33 | normal |
Dec 29, 2022 | Jan 17, 2023 | Dec 13, 2022 | $0.33 | normal |
Sep 29, 2022 | Oct 17, 2022 | Sep 12, 2022 | $0.33 | normal |
Jun 29, 2022 | Jul 15, 2022 | Jun 14, 2022 | $0.3 | normal |
Mar 30, 2022 | Apr 18, 2022 | Mar 18, 2022 | $0.3 | normal |
Dec 30, 2021 | Jan 18, 2022 | Dec 14, 2021 | $0.3 | normal |
Sep 29, 2021 | Oct 15, 2021 | Sep 13, 2021 | $0.3 | normal |
Jun 29, 2021 | Jul 15, 2021 | Jun 15, 2021 | $0.27 | normal |
Mar 30, 2021 | Apr 15, 2021 | Mar 18, 2021 | $0.27 | normal |
Dec 30, 2020 | Jan 15, 2021 | Dec 15, 2020 | $0.27 | normal |
Oct 1, 2020 | Oct 15, 2020 | Sep 22, 2020 | $0.27 | normal |
Jun 29, 2020 | Jul 15, 2020 | Jun 16, 2020 | $0.27 | normal |
Mar 30, 2020 | Apr 14, 2020 | Feb 24, 2020 | $0.27 | normal |
Dec 30, 2019 | Jan 15, 2020 | Dec 17, 2019 | $0.24 | normal |
Sep 27, 2019 | Oct 15, 2019 | Sep 17, 2019 | $0.24 | normal |
Jun 27, 2019 | Jul 15, 2019 | Jun 18, 2019 | $0.24 | normal |
Mar 28, 2019 | Apr 15, 2019 | Feb 26, 2019 | $0.22 | normal |
Dec 28, 2018 | Jan 15, 2019 | Dec 18, 2018 | $0.22 | normal |
Sep 27, 2018 | Oct 15, 2018 | Sep 19, 2018 | $0.18 | normal |
Jun 28, 2018 | Jul 16, 2018 | Jun 19, 2018 | $0.18 | normal |
Mar 28, 2018 | Apr 16, 2018 | Feb 27, 2018 | $0.16 | normal |
Dec 28, 2017 | Jan 16, 2018 | Dec 19, 2017 | $0.16 | normal |
Sep 28, 2017 | Oct 16, 2017 | Sep 19, 2017 | $0.16 | normal |
Jun 28, 2017 | Jul 17, 2017 | Jun 20, 2017 | $0.14 | normal |
Mar 29, 2017 | Apr 17, 2017 | Feb 28, 2017 | $0.14 | normal |
Dec 28, 2016 | Jan 17, 2017 | Dec 20, 2016 | $0.14 | normal |
Sep 28, 2016 | Oct 17, 2016 | Sep 20, 2016 | $0.13 | normal |
Jun 28, 2016 | Jul 15, 2016 | Jun 21, 2016 | $0.13 | normal |
Mar 29, 2016 | Apr 21, 2016 | Mar 15, 2016 | $0.13 | normal |
Dec 29, 2015 | Jan 21, 2016 | Dec 15, 2015 | $0.13 | normal |
Sep 28, 2015 | Oct 20, 2015 | Sep 15, 2015 | $0.13 | normal |
FITB has a payout ratio of 42.7% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 39.2%, Fifth Third Bancorp's payout ratio is 9% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
LCNB Lcnb Corp | 5.4% | $0.86 | 78.2% |
HBAN Huntington Bancshares Inc | 4.45% | $0.62 | 49.2% |
PNC Pnc Financial Services Group Inc | 3.81% | $6.15 | 48% |
FITB Fifth Third Bancorp | 3.71% | $1.38 | 42.7% |
BAC Bank Of America Corp | 2.48% | $0.94 | 30.3% |
WFC Wells Fargo & Company | 2.33% | $1.35 | 27.7% |
CBSH Commerce Bancshares Inc | 2.03% | $1.08 | 29.7% |
WTFC Wintrust Financial Corp | 1.58% | $1.65 | 17% |
Yes, Fifth Third Bancorp has been paying dividends for the last 30 years.
FITB hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Fifth Third Bancorp's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.35 per share.
FITB's annualized dividend per share is $1.38.
Fifth Third Bancorp's current dividend yield is 3.71%.
Fifth Third Bancorp pays four dividends per year.
Fifth Third Bancorp's dividend payout ratio is 42.7%.
Fifth Third Bancorp's dividend yield is above the Financial Services sector average.