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Finance & Markets

Fifth Third Bancorp's Preferred Shares Cross 7% Yield Mark

In trading on Monday, shares of Fifth Third Bancorp's 6.00% Non-Cumululative Perpetual Preferred (Symbol: FITB.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $21.31 on the day. This compares to

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