Citigroup Dividend
Dividend criteria checks 5/6
Citigroup is a dividend paying company with a current yield of 3.29% that is well covered by earnings. Next payment date is on 23rd August, 2024 with an ex-dividend date of 5th August, 2024.
Key information
3.3%
Dividend yield
58%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 23 Aug 24 |
| Ex dividend date | 05 Aug 24 |
| Dividend per share | US$2.120 |
| Earnings per share | US$3.64 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Citigroup (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 02Citigroup: The Catalyst That Could Trigger A Melt-Up
Apr 29Citi Post Q1: I Like The Cost Cuts
Apr 18Citigroup Is Beating The Market This Year: Will The Winning Streak Continue After Earnings?
Apr 09Upcoming 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) | 3.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.8% |
| Analyst forecast in 3 Years (C) | 3.9% |
Notable Dividend: C's dividend (3.29%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: C's dividend (3.29%) is low compared to the top 25% of dividend payers in the US market (4.4%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.3%), 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 (36.2% payout ratio).