Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, Citi-branded cards, and Citi retail services. It also provides various banking, credit card, lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, investment banking and advisory, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2020, it operated 2,303 branches primarily in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.
Citigroup Dividend Announcement
• Citigroup announced a quarterly dividend of $0.56 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-04
• Citigroup annual dividend for 2024 was $2.18
• Citigroup annual dividend for 2023 was $2.08
• Citigroup's trailing twelve-month (TTM) dividend yield is 3.07%
• Citigroup's payout ratio for the trailing twelve months (TTM) is 68.31%
• Citigroup's dividend growth over the last five years (2018-2023) was 6.20% year
• Citigroup's dividend growth over the last ten years (2013-2023) was 48.46% year
Citigroup Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-04 | $0.56 | quarterly | 2024-11-22 |
2024-08-05 | $0.56 | quarterly | 2024-08-23 |
2024-05-03 | $0.53 | quarterly | 2024-05-24 |
2024-02-02 | $0.53 | quarterly | 2024-02-23 |
2023-11-03 | $0.53 | quarterly | 2023-11-22 |
2023-08-04 | $0.53 | quarterly | 2023-08-25 |
2023-04-28 | $0.51 | quarterly | 2023-05-26 |
2023-02-03 | $0.51 | quarterly | 2023-02-24 |
2022-11-04 | $0.51 | quarterly | 2022-11-23 |
2022-07-29 | $0.51 | quarterly | 2022-08-26 |
2022-04-29 | $0.51 | quarterly | 2022-05-27 |
2022-02-04 | $0.51 | quarterly | 2022-02-25 |
2021-10-29 | $0.51 | quarterly | 2021-11-24 |
2021-07-30 | $0.51 | quarterly | 2021-08-27 |
2021-04-30 | $0.51 | quarterly | 2021-05-28 |
2021-01-29 | $0.51 | quarterly | 2021-02-26 |
2020-10-30 | $0.51 | quarterly | 2020-11-25 |
2020-07-31 | $0.51 | quarterly | 2020-08-28 |
2020-05-01 | $0.51 | quarterly | 2020-05-22 |
2020-01-31 | $0.51 | quarterly | 2020-02-28 |
2019-11-01 | $0.51 | quarterly | 2019-11-22 |
2019-08-02 | $0.51 | quarterly | 2019-08-23 |
2019-05-03 | $0.45 | quarterly | 2019-05-24 |
2019-02-01 | $0.45 | quarterly | 2019-02-22 |
2018-11-02 | $0.45 | quarterly | 2018-11-21 |
2018-08-03 | $0.45 | quarterly | 2018-08-24 |
2018-05-04 | $0.32 | quarterly | 2018-05-25 |
2018-02-02 | $0.32 | quarterly | 2018-02-23 |
2017-11-03 | $0.32 | quarterly | 2017-11-22 |
2017-08-03 | $0.32 | quarterly | 2017-08-25 |
2017-04-27 | $0.16 | quarterly | 2017-05-26 |
2017-02-02 | $0.16 | quarterly | 2017-02-24 |
2016-11-03 | $0.16 | quarterly | 2016-11-23 |
2016-07-28 | $0.16 | quarterly | 2016-08-26 |
2016-04-28 | $0.05 | quarterly | 2016-05-27 |
2016-01-28 | $0.05 | quarterly | 2016-02-26 |
2015-10-29 | $0.05 | quarterly | 2015-11-25 |
2015-07-30 | $0.05 | quarterly | 2015-08-28 |
2015-05-07 | $0.05 | quarterly | 2015-05-22 |
2015-01-29 | $0.01 | quarterly | 2015-02-27 |
2014-10-30 | $0.01 | quarterly | 2014-11-26 |
2014-07-31 | $0.01 | quarterly | 2014-08-22 |
2014-05-01 | $0.01 | quarterly | 2014-05-23 |
2014-01-30 | $0.01 | quarterly | 2014-02-28 |
2013-10-31 | $0.01 | quarterly | 2013-11-22 |
2013-08-01 | $0.01 | quarterly | 2013-08-23 |
2013-05-02 | $0.01 | quarterly | 2013-05-24 |
2013-01-31 | $0.01 | quarterly | 2013-02-22 |
Citigroup Dividend per year
Citigroup Dividend growth
Citigroup Dividend Yield
Citigroup current trailing twelve-month (TTM) dividend yield is 3.07%. Interested in purchasing Citigroup stock? Use our calculator to estimate your expected dividend yield:
Citigroup Financial Ratios
Citigroup Dividend FAQ
Other factors to consider when evaluating Citigroup 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: Citigroup'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, Citigroup 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, Citigroup 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 Citigroup 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: Citigroup 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, Citigroup distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Citigroup 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 Citigroup'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 Citigroup'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.