Citigroup Dividends and Buybacks
Dividend criteria checks 5/6
Citigroup is a dividend paying company with a current yield of 3.28% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 4th November, 2024.
Key information
3.3%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 17.3% |
| Next dividend pay date | 22 Nov 24 |
| Ex dividend date | 04 Nov 24 |
| Dividend per share | US$2.240 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Citi: Reasonable Q3 Results But Shares Appear Fairly Valued
Nov 19Citigroup Set To Exceed 52-Week Highs After Earnings
Oct 15Citigroup: Beyond Cheap
Sep 11Citigroup: Shares At Near New Highs, But Still Cheap
Aug 29Citigroup: Keeping Faith In The Turnaround
Aug 04Citigroup: Still A Hold Rather Than A Buy, But The Reasons Why Have Changed
Jul 23Citigroup (NYSE:C) Is Paying Out A Larger Dividend Than Last Year
Jul 22
Citigroup's Turnaround Story Getting Taken A Little More Seriously Now
Jul 16Citigroup Q2 Earnings Preview: Extended Gains Seem Possible
Jul 08Citigroup: Buying Into The Restructuring Plan
Jun 22Citigroup's Price To Book Value Ratio Is Justified - It's Still A Hold
Jun 09Citigroup: Bold Turnaround Efforts Paying Off, Strong EPS Growth Expected
Jun 02Stability 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) | 3.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (C) (up to 3 years) | 3.7% |
Notable Dividend: C's dividend (3.28%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: C's dividend (3.28%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.2%), 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 (36.7% payout ratio).