Fifth Third Bancorp (NASDAQ:FITBI) Trading Up 0.3% – What’s Next?
by Scott Moore · The Cerbat GemFifth Third Bancorp (NASDAQ:FITBI – Get Free Report) shares were up 0.3% on Friday . The stock traded as high as $25.73 and last traded at $25.73. Approximately 11,721 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 33,686 shares. The stock had previously closed at $25.65.
Fifth Third Bancorp Stock Up 0.3%
The company’s fifty day simple moving average is $25.43 and its two-hundred day simple moving average is $25.61.
Fifth Third Bancorp Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were issued a $0.4777 dividend. The ex-dividend date was Friday, March 27th. This represents a $1.91 annualized dividend and a yield of 7.4%.
About Fifth Third Bancorp
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.