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26.03.2014 22:15:37
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Fifth Third Bancorp To Raise Quarterly Dividend, Buyback Up To $669 Mln Shares
(RTTNews) - Fifth Third Bancorp (FITB) announced that the Board of Governors of the Federal Reserve System did not object to the proposed potential capital actions from April 1, 2014 through March 31, 2015, included in Fifth Third's capital plan submitted in January under the Comprehensive Capital Analysis and Review or CCAR process.
Fifth Third said its capital plan included the potential increase in the quarterly common stock dividend to $0.13 during the CCAR period and the potential repurchase of common shares in an amount up to $669 million.
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