Citigroup Dividend
Dividend criteria checks 5/6
Citigroup is a dividend paying company with a current yield of 3.48% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
3.5%
Dividend yield
61%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 24 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.46 |
| Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Citi Post Q1: I Like The Cost Cuts
Apr 18Citigroup Is Beating The Market This Year: Will The Winning Streak Continue After Earnings?
Apr 09Citigroup: Mediocre Fundamentals But Relatively Cheap
Mar 27Citigroup: Which Preferred Is Better: C-J Or CPRN?
Feb 19Citigroup: Q4, Only A Restructuring Play Right Now
Jan 20Citigroup: After A Monstrous Surge, It's Time To Play Defensive (Downgrade)
Jan 13Citigroup: A Surprising 4% Yielding Top Analyst Pick For 2024, What Price I'd Buy
Jan 04Citigroup: Macro May Be Setting The Stage For A Monster Rally In 2024
Dec 17Citigroup: The Endless Restructuring Still Weights On The Valuation
Dec 05Citigroup: Asymmetric Risk-Reward Opportunity
Nov 26Citigroup: Can Jane Fraser Save Citi?
Nov 03Citigroup: Deep Dive Analysis Highlighting Its Turnaround Prospects
Oct 27Citigroup: The Market Isn't Foolish - It's Cheap For A Reason
Oct 16Citigroup Q3 Earnings Preview: Why I Stay Long
Oct 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C's dividends per share have been stable in the past 10 years.
Growing Dividend: C's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Citigroup Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (C) | 3.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast in 3 Years (C) | 4.1% |
Notable Dividend: C's dividend (3.48%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: C's dividend (3.48%) is low compared to the top 25% of dividend payers in the US market (4.8%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.1%), C's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: C's dividends in 3 years are forecast to be well covered by earnings (30.2% payout ratio).