CINCINNATI, Sept. 16 /PRNewswire-FirstCall/ -- Fifth Third Bancorp
(Nasdaq: FITB) today declared its third quarter 2008 cash dividend on its
common shares of $0.15. The cash dividend is payable on October 21, 2008 to
shareholders of record as of September 30, 2008.
Additionally, Fifth Third Bancorp also declared its third quarter
dividend on the Corporation's 8.50% Non-Cumulative Perpetual Convertible
Preferred Stock, Series G, at the rate of $560.763889 per share, which
equates to approximately $2.243056 for each depositary share. Each
depositary share represents a 1/250th ownership interest in a share of
Series G Preferred Stock. This dividend represents the dividend accrued
from the Series G issuance on June 25th, 2008 to but excluding September
30, 2008. The Series G dividend is payable on September 30, 2008 to
shareholders of record on September 26, 2008.
As a reminder, Fifth Third Bancorp will report third quarter 2008
financial results on October 21, 2008. The earnings announcement will be
available at http://www.53.com at approximately 6:00 AM ET. The Company will host
a conference call at approximately 8:00 AM ET to discuss results.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $115 billion in assets,
operates 18 affiliates with 1,308 full-service Banking Centers, including
97 Bank Mart(R) locations open seven days a week inside select grocery
stores and 2,329 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois,
Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and
North Carolina. Fifth Third operates five main businesses: Commercial
Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth
Third Processing Solutions. Fifth Third is among the largest money managers
in the Midwest and, as of June 30, 2008, has $207 billion in assets under
care, of which it managed $31 billion for individuals, corporations and
not-for-profit organizations. Investor information and press releases can
be viewed at http://www.53.com. Fifth Third's common stock is traded on the
NASDAQ(R) National Global Select Market under the symbol "FITB."
SOURCE Fifth Third Bancorp
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Related links:
http://www.53.com
CONTACT:
Jeff Richardson (Investors), +1-513-534-0983,
Jim Eglseder, (Investors), +1-513-534-8424, Debra DeCourcy, APR
(Media), +1-513-534-4153, all of Fifth Third Bancorp
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