This is Why Fifth Third Bancorp (FITB) is a Great Dividend Stock

Company Overview - Fifth Third Bancorp (FITB) is based in Cincinnati and operates in the Finance sector, with a year-to-date share price change of 6.43% [3] - The company currently pays a dividend of $0.37 per share, resulting in a dividend yield of 3.29%, which is higher than the Banks - Major Regional industry's yield of 3.2% and the S&P 500's yield of 1.5% [3] Dividend Performance - The current annualized dividend of Fifth Third Bancorp is $1.48, reflecting a 2.8% increase from the previous year [4] - Over the past five years, the company has increased its dividend four times, achieving an average annual increase of 7.84% [4] - The current payout ratio is 44%, indicating that the company pays out 44% of its trailing 12-month earnings per share as dividends [4] Earnings Expectations - The Zacks Consensus Estimate for earnings per share in 2025 is $3.52, representing a year-over-year growth rate of 4.45% [5] - The expectation of earnings expansion this fiscal year supports the company's dividend growth potential [5] Investment Considerations - Fifth Third Bancorp is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [6] - The company is positioned well for income investors, especially in comparison to high-yielding stocks that may struggle during periods of rising interest rates [6]