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NEW YORK ( TheStreet) -- The ex-dividend date for Fifth Third Bancorp (Nasdaq: FITB) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $14.26 as of 9:30 a.m. ET, the dividend yield is 2.3%. The average volume for Fifth Third has been 13.6 million shares per day over the past 30 days. Fifth Third has a market cap of $12.35 billion and is part of the financial sector and banking industry. Shares are up 12.4% 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 has a P/E ratio of 12, above the average banking industry P/E ratio of 11.4 and below the S&P 500 P/E ratio of 17.7.