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Fifth Third Bancorp declares cash dividend on common, preferred stock.

Global Banking News-16 December 2009-Fifth Third Bancorp declares cash dividend on common, preferred stock(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 16 December 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Fifth Third Bancorp (NASDAQ:FITB) has announced that its board of directors has declared a fourth-quarter cash dividend of USD0.01 (EUR0.007) per share on its common stock.

The dividend will be payable on January 21 to shareholders of record on December 31, 2009.

Fifth Third has also declared a fourth-quarter cash dividend on its 8.50 percent non-cumulative perpetual convertible preferred stock, series G, at the rate of USD531.25 per share. The dividend will be payable on December 31 to shareholders of record on December 24, 2009.

The company also said that it will pay a cash dividend on its fixed-rate cumulative perpetual preferred stock, series F, at USD312.50 per share. This dividend will also be payable on December 31 to eligible shareholders of record as at December 15, 2009.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:Dec 16, 2009
Words:193
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