Fifth Third Bancorp shares are trading higher after the company announced it raised its quarterly dividend from $0.33 to $0.35 per share.
Portfolio Pulse from Benzinga Newsdesk
Fifth Third Bancorp has announced an increase in its quarterly dividend from $0.33 to $0.35 per share, leading to a rise in its share price.

September 12, 2023 | 7:37 pm
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Fifth Third Bancorp's decision to raise its quarterly dividend has led to an increase in its share price.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This often leads to an increase in the company's share price, as is the case with Fifth Third Bancorp.
CONFIDENCE 90
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