Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. It offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids uniforms and accessories. The company also provides accessories and beauty products that include handbags, luggage, hats, belts, sunglasses, jewelry, and watches, as well as undergarments and outerwear for men and women. In addition, it offers home and lifestyle products comprising home products for the bedroom, bathroom, kitchen, and decorative accessories; and food, tech, team sports, and health products, as well as seasonal items, books, and toys. The company provides its products primarily to African American and Latinx families in the United States. As of January 29, 2022, it operated 609 stores in urban and rural markets in 33 states. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.
Citi Trends Dividend Announcement
• Citi Trends announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2020-03-17. Ex dividend date: 2020-03-02
• Citi Trends's trailing twelve-month (TTM) dividend yield is -%
Citi Trends Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-03-02 | $0.08 | quarterly | 2020-03-17 |
2019-12-09 | $0.08 | quarterly | 2019-12-24 |
2019-08-30 | $0.08 | quarterly | 2019-09-17 |
2019-06-03 | $0.08 | quarterly | 2019-06-18 |
2019-03-04 | $0.08 | quarterly | 2019-03-19 |
2018-12-10 | $0.08 | quarterly | 2018-12-26 |
2018-08-31 | $0.08 | quarterly | 2018-09-18 |
2018-06-04 | $0.08 | quarterly | 2018-06-19 |
2018-03-05 | $0.08 | quarterly | 2018-03-20 |
2017-11-27 | $0.08 | quarterly | 2017-12-12 |
2017-08-25 | $0.08 | quarterly | 2017-09-12 |
2017-05-25 | $0.08 | quarterly | 2017-06-13 |
2017-02-24 | $0.06 | quarterly | 2017-03-14 |
2016-11-25 | $0.06 | quarterly | 2016-12-13 |
2016-08-26 | $0.06 | quarterly | 2016-09-13 |
2016-05-26 | $0.06 | quarterly | 2016-06-14 |
2016-02-26 | $0.06 | quarterly | 2016-03-15 |
2015-11-27 | $0.06 | quarterly | 2015-12-15 |
2015-08-28 | $0.06 | quarterly | 2015-09-15 |
Citi Trends Dividend per year
Citi Trends Dividend growth
Citi Trends Dividend Yield
Citi Trends current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Citi Trends stock? Use our calculator to estimate your expected dividend yield:
Citi Trends Financial Ratios
Citi Trends Dividend FAQ
Other factors to consider when evaluating Citi Trends as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Citi Trends's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Citi Trends publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Citi Trends distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Citi Trends are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Citi Trends sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Citi Trends distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Citi Trends declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Citi Trends's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Citi Trends's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.