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Fifth Third Bancorp (Fifth Third Bancorp) 3-Year Dividend Growth Rate

: 8.00% (As of Dec. 2023)
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Fifth Third Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.35.

The historical rank and industry rank for Fifth Third Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

FITB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -71.3   Med: 15.6   Max: 127.3
Current: 8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fifth Third Bancorp was 127.30% per year. The lowest was -71.30% per year. And the median was 15.60% per year.

FITB's 3-Year Dividend Growth Rate is ranked better than
53.07% of 782 companies
in the Banks industry
Industry Median: 7.55 vs FITB: 8.00

During the past 12 months, Fifth Third Bancorp's average Dividends Per Share Growth Rate was 7.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Fifth Third Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.36. As of today, Fifth Third Bancorp's Dividend Yield % is 3.80%.

Warning Sign:

Fifth Third Bancorp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Fifth Third Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fifth Third Bancorp 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Fifth Third Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Fifth Third Bancorp's 3-Year Dividend Growth Rate falls into.



Fifth Third Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Fifth Third Bancorp  (NAS:FITB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Fifth Third Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.35/ 0.982
=0.36

During the past 13 years, the highest Dividend Payout Ratio of Fifth Third Bancorp was 0.58. The lowest was 0.27. And the median was 0.32.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Fifth Third Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3502024-03-272024-03-282024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-12-282023-12-292024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-09-282023-09-302023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-06-292023-06-302023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Fifth Third Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.38/36.25
=3.81 %

Current Share Price is $36.25.
Fifth Third Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.38.

During the past 13 years, the highest Dividend Yield of Fifth Third Bancorp was 7.37%. The lowest was 1.75%. And the median was 2.70%.

Warning Sign:

Fifth Third Bancorp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fifth Third Bancorp 3-Year Dividend Growth Rate Related Terms>


Fifth Third Bancorp (Fifth Third Bancorp) Business Description

Address
38 Fountain Square Plaza, Cincinnati, OH, USA, 45263
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.
Executives
C. Bryan Daniels director MB FINANCIAL INC/MD, 6111 NORTH RIVER ROAD, ROSEMONT IL 60018
Laurent Desmangles director 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kathleen A Rogers director US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Gary R Heminger director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Howard Hammond officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kevin P Lavender officer: EVP C/O AMSURG CORPORATION, 20 BURTON HILLS BLVD., 5TH FLOOR, NASHVILLE TN 37215
Robert P Shaffer officer: EVP and CHRO 38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Timothy Spence officer: EVP & CSO 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
James C. Leonard officer: SVP & Treasurer 38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263
Mitchell Feiger director C/O MB FINANCIAL INC, 1200 NORTH ASHLAND AVE, CHICAGO IL 60622
Jude Schramm officer: EVP and CIO 38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Greg D Carmichael officer: Executive Vice President
Kala Gibson officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kristine R. Garrett officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263