Citizens Financial Group Dividends and Buybacks
Dividend criteria checks 5/6
Citizens Financial Group is a dividend paying company with a current yield of 3.49% that is well covered by earnings.
Key information
3.5%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 11.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.680 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Citizens Financial Group (NYSE:CFG) Has Affirmed Its Dividend Of $0.42
Oct 19
Citizens Financial Group's (NYSE:CFG) Dividend Will Be $0.42
Jul 20Citizens Financial Group (NYSE:CFG) Has Announced A Dividend Of $0.42
Apr 22Recent updates
Citizens Financial Group (NYSE:CFG) Has Affirmed Its Dividend Of $0.42
Oct 19Citizens Financial: After An In-Line Q3, Shares Appear Fairly Valued
Oct 16Citizens Financial Group's (NYSE:CFG) Dividend Will Be $0.42
Jul 20Citizens Financial Group Q2 Preview: Potential Reserve Build Is A Source Of Caution (Downgrade)
Jul 11Citizens Financial Group: Two Good Income Options
May 09Citizens Financial Group (NYSE:CFG) Has Announced A Dividend Of $0.42
Apr 22We Think Citizens Financial Group, Inc.'s (NYSE:CFG) CEO Compensation Package Needs To Be Put Under A Microscope
Apr 19Citizens Financial: Solid Dividend And Discount
Apr 18Citizens Financial Q4: Remains Attractive As The Swap Headwind Nears Its Peak
Jan 31Citizens Financial Group Preferred D Shares Set To Float At Yields Near 9.5%
Nov 27Citizens: A Buy Despite An Interest Rate Misstep
Oct 19Citizens Financial Upgrade To Strong Buy, Undervalued With 6.3% Dividend Yield
Sep 28Does Citizens Financial Group (NYSE:CFG) Deserve A Spot On Your Watchlist?
Sep 18Citizens Financial Group: A Potential 10% Preferred Dividend Yield Upon Reset
Aug 27The Recovery Of Citizens Financial Group
Aug 15Citizens Financial Group (NYSE:CFG) Has Affirmed Its Dividend Of $0.42
Jul 22Citizens Financial: A Value Play With 6.5% Dividend Yield
Jun 30Citizens Financial Group: Banking On The Stock's Recovery
Jun 05Citizens Financial Group boosts stock buyback plan by $1.15B
Feb 17Citizens Financial: Undervalued, But With Work Still To Do
Feb 08Citizens Financial adds Zelle to mobile app for small business customers
Feb 01Citizens Financial Q4 2022 Earnings Preview
Jan 13Citizens Financial cut to Neutral at Wedbush as recession risk rises
Jan 03Citizens Financial Q3 2022 Earnings Preview
Oct 18Citizens Financial launches tool to let businesses acquire carbon offsets in ESG push
Oct 12Citizens Financial Group to source 100% renewable power for operations
Sep 20Citizens Financial to acquire higher education planning platform College Raptor
Sep 13Citizens Financial to redeem fixed-to-floating rate subordinated notes due Oct 2027
Aug 16Citizens Financial Group: Healthy Dividend, Healthy Company
Aug 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CFG's dividends per share have been stable in the past 10 years.
Growing Dividend: CFG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Citizens Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CFG) | 3.5% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (CFG) (up to 3 years) | 3.7% |
Notable Dividend: CFG's dividend (3.49%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: CFG's dividend (3.49%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66%), CFG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CFG's dividends in 3 years are forecast to be well covered by earnings (29.8% payout ratio).