Fifth Third Bancorp Depositary Shares each representing a 1/1000th ownership interest in a share of Non-Cumulative Perpetual Preferred Stock, Series K
FITBOFifth Third Bancorp Depositary Shares (FITBO) represent a 1/1000th ownership interest in a share of the company's Non-Cumulative Perpetual Preferred Stock, Series K. These shares provide investors with a fixed dividend, paid out regularly, and have a perpetual duration, meaning they do not have a maturity date. They are typically used as a means for the bank to raise capital while offering investors a preferred position in terms of dividends and potential claims.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 31, 2026 | $0.31 | 2026-03-27 | 2026-03-27 |
| December 31, 2025 | $0.31 | 2025-12-29 | 2025-12-29 |
| September 30, 2025 | $0.31 | 2025-09-26 | 2025-09-26 |
| June 30, 2025 | $0.31 | 2025-06-26 | 2025-06-26 |
| March 31, 2025 | $0.31 | 2025-03-27 | 2025-03-27 |
Dividends Summary
- Consistent Payer: Fifth Third Bancorp Depositary Shares each representing a 1/1000th ownership interest in a share of Non-Cumulative Perpetual Preferred Stock, Series K has rewarded shareholders with 26 dividend payments over the past 7 years.
- Total Returned Value: Investors who held FITBO shares during this period received a total of $8.09 per share in dividend income.
- Latest Payout: The most recent dividend of $0.31/share was paid 109 days ago, on March 31, 2026.
- Yield & Schedule: FITBO currently pays dividends quarterly with an annual yield of 6.74%.
- Dividend Growth: Since 2019, the dividend payout has decreased by 13.5%, from $0.36 to $0.31.
- Dividend Reliability: FITBO has maintained or increased its dividend for 25 consecutive payments.
Company News
Fifth Third Bancorp has completed its merger with Comerica in Q1 2026, becoming a top 10 U.S. bank with $297 billion in assets. Despite Q1 earnings appearing weak at $128 million net income due to $567 million in merger-related costs, underlying metrics are strong with net interest income rising to $1.94 billion and net interest margin expanding ...
The Social Security Administration is transitioning 3.6 million Direct Express prepaid debit card users from Comerica Bank to Fifth Third Bank following their merger. Existing cardholders will receive new Fifth Third Bank debit cards over the summer, while new beneficiaries will automatically receive cards through Fifth Third Bank. Beneficiaries ...
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