Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment serves government banking, not-for-profit, healthcare, technology, professionals, oil and gas, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries. It operates approximately 1,200 branches in 14 states and the District of Columbia; 114 retail and commercial non-branch offices in national markets; and approximately 3,300 automated teller machines. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.
Citizens Financial Dividend Announcement
• Citizens Financial announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-11-13. Ex dividend date: 2024-10-30
• Citizens Financial annual dividend for 2024 was $1.68
• Citizens Financial annual dividend for 2023 was $1.68
• Citizens Financial's trailing twelve-month (TTM) dividend yield is 3.65%
• Citizens Financial's payout ratio for the trailing twelve months (TTM) is 69.93%
• Citizens Financial's dividend growth over the last five years (2018-2023) was 11.38% year
Citizens Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-30 | $0.42 | quarterly | 2024-11-13 |
| 2024-07-31 | $0.42 | quarterly | 2024-08-14 |
| 2024-04-30 | $0.42 | quarterly | 2024-05-15 |
| 2024-01-30 | $0.42 | quarterly | 2024-02-14 |
| 2023-10-31 | $0.42 | quarterly | 2023-11-15 |
| 2023-08-01 | $0.42 | quarterly | 2023-08-16 |
| 2023-05-02 | $0.42 | quarterly | 2023-05-17 |
| 2023-01-30 | $0.42 | quarterly | 2023-02-14 |
| 2022-11-01 | $0.42 | quarterly | 2022-10-06 |
| 2022-08-01 | $0.42 | quarterly | 2022-08-16 |
| 2022-05-02 | $0.39 | quarterly | 2022-05-17 |
| 2022-01-28 | $0.39 | quarterly | 2022-02-11 |
| 2021-10-28 | $0.39 | quarterly | 2021-11-12 |
| 2021-07-29 | $0.39 | quarterly | 2021-08-13 |
| 2021-04-28 | $0.39 | quarterly | 2021-05-13 |
| 2021-02-02 | $0.39 | quarterly | 2021-02-17 |
| 2020-10-27 | $0.39 | quarterly | 2020-11-12 |
| 2020-07-28 | $0.39 | quarterly | 2020-08-12 |
| 2020-04-28 | $0.39 | quarterly | 2020-05-13 |
| 2020-01-28 | $0.39 | quarterly | 2020-02-12 |
| 2019-10-29 | $0.36 | quarterly | 2019-11-13 |
| 2019-07-30 | $0.36 | quarterly | 2019-08-14 |
| 2019-04-30 | $0.32 | quarterly | 2019-05-15 |
| 2019-01-30 | $0.32 | quarterly | 2019-02-14 |
| 2018-10-30 | $0.27 | quarterly | 2018-11-14 |
| 2018-07-31 | $0.27 | quarterly | 2018-08-15 |
| 2018-05-01 | $0.22 | quarterly | 2018-05-16 |
| 2018-01-31 | $0.22 | quarterly | 2018-02-15 |
| 2017-10-31 | $0.18 | quarterly | 2017-11-15 |
| 2017-07-31 | $0.18 | quarterly | 2017-08-16 |
| 2017-05-01 | $0.14 | quarterly | 2017-05-17 |
| 2017-01-31 | $0.14 | quarterly | 2017-02-16 |
| 2016-10-31 | $0.12 | quarterly | 2016-11-16 |
| 2016-08-01 | $0.12 | quarterly | 2016-08-17 |
| 2016-05-02 | $0.12 | quarterly | 2016-05-18 |
| 2016-02-02 | $0.10 | quarterly | 2016-02-18 |
| 2015-11-03 | $0.10 | quarterly | 2015-11-19 |
| 2015-07-30 | $0.10 | quarterly | 2015-08-17 |
| 2015-05-01 | $0.10 | quarterly | 2015-05-19 |
| 2015-02-03 | $0.10 | quarterly | 2015-02-19 |
| 2014-11-04 | $0.10 | quarterly | 2014-11-20 |
Citizens Financial Dividend per year
Citizens Financial Dividend growth
Citizens Financial Dividend Yield
Citizens Financial current trailing twelve-month (TTM) dividend yield is 3.65%. Interested in purchasing Citizens Financial stock? Use our calculator to estimate your expected dividend yield:
Citizens Financial Financial Ratios
P/E ratio15.83
PEG ratio-1.24
P/B ratio0.82
ROE5.35%
Payout ratio69.93%
Current ratio0.36
Quick ratio0.36
Cash Ratio0.12
Citizens Financial Dividend FAQ
How much is the next Citizens Financial dividend?
Citizens Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Citizens Financial dividend. The next Citizens Financial dividend will be released in January, May, August, or October.
When is Citizens Financial dividend paid?
Citizens Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, May, August, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Citizens Financial pay?
The specific amount of Citizens Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Citizens Financial's dividend history.
Does Citizens Financial stock pay dividends?
Yes, Citizens Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Citizens Financial's dividend history.
How much dividend does Citizens Financial pay?
Citizens Financial paid $1.68 in 2024, $1.68 in 2023, $1.62 in 2022, $1.56 in 2021, and $1.56 in 2020.
How often does Citizens Financial pay dividends?
Citizens Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, May, August, and October.
What is Citizens Financial's dividend yield?
The current dividend yield for Citizens Financial is 3.65%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Citizens Financial's exact dividend yield.
When does Citizens Financial go ex dividend?
Citizens Financial's ex-dividend date for the latest dividend was on 2024-10-30. Citizens Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Citizens Financial dividend paid?
Citizens Financial pays dividends on a quarterly basis, typically around January, May, August, or October, but the exact dates can vary each year.
Will Citizens Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Citizens Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Citizens Financial dividend per share?
Citizens Financial paid $1.68 per share in 2024 and $1.68 per share in 2023. The amount of dividend per share that Citizens Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Citizens Financial a dividend aristocrat?
No, 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 Citizens Financial a dividend king?
No, 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 Citizens Financial a dividend stock?
Yes, Citizens Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Citizens Financial a good dividend stock?
Whether Citizens Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Citizens Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Citizens Financial 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.
Other factors to consider when evaluating Citizens Financial 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.
Does Citizens Financial pay dividends monthly?
Citizens Financial typically pays dividends on a quarterly basis.
Does Citizens Financial pay dividends quarterly?
Citizens Financial currently pays dividends on a quarterly basis.
Has Citizens Financial ever paid a dividend?
Yes, Citizens Financial has a history of paying dividends to its shareholders. Citizens Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Citizens Financial dividend stocks?
To buy Citizens Financial 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Citizens Financial 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 Citizens Financial 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.
When does Citizens Financial pay dividends 2024?
Citizens Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Citizens Financial increase its dividend in 2024?
Decisions regarding Citizens Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Citizens Financial dividend overview you can look into the above table of dividend history.
How Citizens Financial dividend works?
The Citizens Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Citizens Financial's dividend process works:
1. Determination of Dividend: Citizens Financial'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, Citizens Financial 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, Citizens Financial 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 Citizens Financial 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. Determination of Dividend: Citizens Financial'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, Citizens Financial 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, Citizens Financial 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 Citizens Financial 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.
How are Citizens Financial dividends paid?
Citizens Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Citizens Financial 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, Citizens Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Citizens Financial 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.
1. Record Date: Citizens Financial 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, Citizens Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Citizens Financial 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.
How many times does Citizens Financial pay dividends?
Citizens Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Citizens Financial pay dividends?
The general pattern is that Citizens Financial pays dividends around January, May, August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Citizens Financial dividend safe?
The safety of Citizens Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Citizens Financial'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 Citizens Financial'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.
To assess the safety of Citizens Financial'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 Citizens Financial'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.