Fifth Third Bancorp (NASDAQ:FITBP) Stock Price Down 0.6% – Here’s Why

Fifth Third Bancorp (NASDAQ:FITBP) shares were down 0.6% during mid-day trading on Friday . The company traded as low as $24.74 and last traded at $24.86. Approximately 10,963 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 13,672 shares. The stock had previously closed at $25.00.

Fifth Third Bancorp Trading Down 0.6%

The company’s 50-day moving average price is $24.78 and its 200 day moving average price is $24.49.

Fifth Third Bancorp (NASDAQ:FITBP) last posted its earnings results on Thursday, January 20th. The company reported $0.88 EPS for the quarter. The company had revenue of $814.00 million during the quarter.

Fifth Third Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 26th were paid a dividend of $0.375 per share. The ex-dividend date was Friday, September 26th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.0%.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.