Fifth Third Bancorp Dividends and Buybacks
Dividend criteria checks 5/6
Fifth Third Bancorp is a dividend paying company with a current yield of 3.45% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
3.4%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 5.2% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$1.480 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Fifth Third Bancorp Doubled: Why I Believe It Has Still Room To Run
Oct 18Fifth Third Bancorp (NASDAQ:FITB) Is Increasing Its Dividend To $0.37
Sep 17
Fifth Third Bancorp Series I PFD Offers 9% Yield But Potential Negative YTC
Sep 08Fifth Third Bancorp Q2 Earnings Preview: NIM Improvement Likely Priced In (Rating Downgrade)
Jul 16Fifth Third Bancorp: Expensive For The Right Reasons
Apr 24Fifth Third Bancorp Q1 Earnings Preview: Higher Rates Could Boost Guidance (Rating Upgrade)
Apr 16Fifth Third Bancorp: Holding On To Strong Fundamentals Despite Regional Banking Headwinds
Feb 05Fifth Third Q4 Earnings: Buybacks Coming Sooner Than Expected
Jan 26Fifth Third Bancorp Q3 2022 Earnings Preview
Oct 19Fifth Third launches mortgage warehouse finance business
Sep 20Fifth Third Bancorp raises quarterly dividend by 10%
Sep 12Fifth Third Bancorp - Great Bank With An Expensive Stock
Aug 09Fifth Third Bancorp GAAP EPS of $0.76 misses by $0.11, revenue of $2.01B misses by $70M
Jul 21Fifth Third Bancorp expands sustainable finance goal to $100B target
Jun 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FITB's dividends per share have been stable in the past 10 years.
Growing Dividend: FITB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fifth Third Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FITB) | 3.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (FITB) (up to 3 years) | 3.7% |
Notable Dividend: FITB's dividend (3.45%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: FITB's dividend (3.45%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47%), FITB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FITB's dividends in 3 years are forecast to be well covered by earnings (40% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fifth Third Bancorp is covered by 55 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Jason Goldberg | Barclays |