Fifth Third Bancorp (NASDAQ:FITBI) Trading Down 0.2%

Fifth Third Bancorp (NASDAQ:FITBI) fell 0.2% on Monday . The stock traded as low as $25.22 and last traded at $25.25. 28,489 shares were traded during trading, a decline of 2% from the average session volume of 29,060 shares. The stock had previously closed at $25.30.

Fifth Third Bancorp Stock Performance

The company has a 50 day simple moving average of $25.55 and a two-hundred day simple moving average of $25.35.

Fifth Third Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Thursday, March 28th were paid a dividend of $0.5879 per share. This is a boost from Fifth Third Bancorp’s previous quarterly dividend of $0.41. This represents a $2.35 annualized dividend and a yield of 9.29%. The ex-dividend date of this dividend was Wednesday, March 27th.

Institutional Investors Weigh In On Fifth Third Bancorp

An institutional investor recently bought a new position in Fifth Third Bancorp stock. Operose Advisors LLC bought a new stake in shares of Fifth Third Bancorp (NASDAQ:FITBI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,220 shares of the company’s stock, valued at approximately $31,000.

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.