NEW YORK (
) -- The ex-dividend date for
) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $10.84 as of 9:30 a.m. ET, the dividend yield is 3.3%.
The average volume for Fifth Third has been 15.6 million shares per day over the past 30 days. Fifth Third has a market cap of $9.1 billion and is part of the
industry. Shares are down 28.3% year to date as of the close of trading on Monday.
Fifth Third Bancorp operates as a diversified financial services holding company in the United States. The company's Commercial Banking segment offers banking, cash management, and financial services to large and middle-market businesses, and government and professional customers. The company has a P/E ratio of 9.6, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Fifth Third as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full