Fifth Third Bancorp (NASDAQ:FITBI) Trading Down 0.1% – Should You Sell?

Fifth Third Bancorp (NASDAQ:FITBI) dropped 0.1% during mid-day trading on Friday . The company traded as low as $25.60 and last traded at $25.6450. Approximately 9,610 shares were traded during trading, a decline of 74% from the average daily volume of 37,449 shares. The stock had previously closed at $25.66.

Fifth Third Bancorp Stock Down 0.1%

The business’s 50 day moving average is $25.62 and its 200 day moving average is $25.58.

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

Fifth Third Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 26th were issued a $0.5281 dividend. This is a boost from Fifth Third Bancorp’s previous quarterly dividend of $0.52. This represents a $2.11 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date was Friday, September 26th.

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.