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Fifth Third Bancorp Increases Quarterly Cash Dividend on its Common Stock 33% to $0.08 per share

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  Published in Business and Finance on Tuesday, September 20th 2011 at 10:42 GMT by Market Wire
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CINCINNATI--([ BUSINESS WIRE ])--Fifth Third Bancorp (Nasdaq: FITB) today declared a third quarter 2011 cash dividend on its common shares of $0.08, an increase of $0.02 from its previous quarterly dividend rate. The cash dividend is payable on Thursday, October 20, 2011 to shareholders of record as of Friday, September 30, 2011.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $111 billion in assets and operates 15 affiliates with 1,314 full-service Banking Centers, including 103 Bank Mart(R) locations open seven days a week inside select grocery stores and 2,434 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 49% interest in Vantiv, LLC, formerly Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2011, had $276 billion in assets under care, of which it managed $25 billion for individuals, corporations and not-for-profit organizations. [ Investor information ] and [ press releases ] can be viewed at [ www.53.com ]. Fifth Third's common stock is traded on the NASDAQ® National Global Select Market under the symbol "FITB."