Fifth Third Bancorp 4.95% Series K Preferred Stock
By: Tim McPartland,
Date 9/12/2019
Shares Sold 10,000,000 Overallotment Shares None
Security Ticker Symbol FITBI OTC Grey Market Ticker FFFKP
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Market Traded ON NASDAQ
Dividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2019
Quarterly Dividend 0.309 Annual Dividend 1.2375
Securities may be redeemed, at the issuers option, as early as 09/31/2024 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distribution
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Maturity Date None
Company Investor Relations Page for Fifth Third Bancorp
Click here to find the offering Prospectus and Final Pricing Document
Tim McPartland
Connect with Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
