Citigroup Capital XIII is a statutory trust. It is engaged in issuing preferred securities in connection with the issuance of junior subordinated debt securities under indenture, junior subordinated debt indentures or junior subordinated debt indentures.
Citigroup Capital XIII TR PFD SECS Dividend Announcement
• Citigroup Capital XIII TR PFD SECS announced a quarterly dividend of $0.76 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-10-29
• Citigroup Capital XIII TR PFD SECS annual dividend for 2024 was $2.27
• Citigroup Capital XIII TR PFD SECS's trailing twelve-month (TTM) dividend yield is 3.43%
• Citigroup Capital XIII TR PFD SECS's payout ratio for the trailing twelve months (TTM) is 65.78%
Citigroup Capital XIII TR PFD SECS Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-29 | $0.76 | quarterly | 2024-10-30 |
| 2024-07-29 | $0.76 | quarterly | 2024-07-30 |
| 2024-04-26 | $0.76 | quarterly | 2024-04-30 |
| 2016-07-26 | $0.44 | quarterly | |
| 2016-04-27 | $0.44 | quarterly | |
| 2016-01-27 | $0.42 | quarterly | |
| 2015-10-27 | $0.49 | quarterly | |
| 2015-07-27 | $0.49 | quarterly | |
| 2015-04-27 | $0.49 | quarterly | |
| 2015-01-27 | $0.49 | quarterly | |
| 2014-10-27 | $0.49 | quarterly | |
| 2014-07-25 | $0.49 | quarterly | |
| 2014-04-25 | $0.49 | quarterly | |
| 2014-01-27 | $0.49 | quarterly | |
| 2013-10-25 | $0.49 | quarterly | |
| 2013-07-25 | $0.49 | quarterly | |
| 2013-04-25 | $0.49 | quarterly | |
| 2013-01-25 | $0.49 | quarterly | |
| 2012-10-25 | $0.49 | quarterly | |
| 2012-07-25 | $0.49 | quarterly | |
| 2012-04-25 | $0.49 | quarterly | |
| 2012-01-25 | $0.49 | quarterly | |
| 2011-10-26 | $0.49 | quarterly | |
| 2011-07-27 | $0.49 | quarterly | |
| 2011-04-27 | $0.49 | quarterly | |
| 2011-01-26 | $0.63 | quarterly |
Citigroup Capital XIII TR PFD SECS Dividend per year
Citigroup Capital XIII TR PFD SECS Dividend growth
Citigroup Capital XIII TR PFD SECS Dividend Yield
Citigroup Capital XIII TR PFD SECS current trailing twelve-month (TTM) dividend yield is 3.43%. Interested in purchasing Citigroup Capital XIII TR PFD SECS stock? Use our calculator to estimate your expected dividend yield:
Citigroup Capital XIII TR PFD SECS Financial Ratios
P/E ratio15.08
PEG ratio6.50
P/B ratio0.57
ROE3.82%
Payout ratio65.78%
Current ratio0.29
Quick ratio0.29
Cash Ratio0.29
Citigroup Capital XIII TR PFD SECS Dividend FAQ
Does Citigroup Capital XIII TR PFD SECS stock pay dividends?
Citigroup Capital XIII TR PFD SECS does not currently pay dividends to its shareholders.
Has Citigroup Capital XIII TR PFD SECS ever paid a dividend?
No, Citigroup Capital XIII TR PFD SECS has no a history of paying dividends to its shareholders. Citigroup Capital XIII TR PFD SECS is not known for its dividend payments.
Why doesn't Citigroup Capital XIII TR PFD SECS pay dividends?
There are several potential reasons why Citigroup Capital XIII TR PFD SECS would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Citigroup Capital XIII TR PFD SECS ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Citigroup Capital XIII TR PFD SECS has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Citigroup Capital XIII TR PFD SECS a dividend aristocrat?
Citigroup Capital XIII TR PFD SECS is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Citigroup Capital XIII TR PFD SECS a dividend king?
Citigroup Capital XIII TR PFD SECS is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Citigroup Capital XIII TR PFD SECS a dividend stock?
No, Citigroup Capital XIII TR PFD SECS is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Citigroup Capital XIII TR PFD SECS stocks?
To buy Citigroup Capital XIII TR PFD SECS you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Citigroup Capital XIII TR PFD SECS stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Citigroup Capital XIII TR PFD SECS stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.