An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Citigroup Inc. declares quarterly dividend on common stock and preferred stock
Positive
Citigroup Inc. declared a quarterly dividend on its common stock of $0.53 per share
Dividends were also declared on Citigroup's preferred stock, with varying rates and payment dates
Holders of depositary receipts for the preferred stock will receive payments ranging from $9.6875 to $31.50 per receipt held
Negative
None.
NEW YORK--(BUSINESS WIRE)--
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.53 per share, payable on November 22, 2023 to stockholders of record on November 6, 2023.
The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows:
– 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A, payable October 30, 2023, to holders of record on October 20, 2023. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $24.516234167 for each receipt held.
– 5.350% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series D, payable November 15, 2023, to holders of record on November 3, 2023. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $23.23557111 for each receipt held.
– 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J, payable December 29, 2023, to holders of record on December 18, 2023. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.606026875 for each receipt held.
– 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K, payable November 15, 2023, to holders of record on November 3, 2023. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.4296875 for each receipt held.
– 6.300% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series M, payable November 15, 2023, to holders of record on November 3, 2023. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $31.50 for each receipt held.
– 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series P, payable November 15, 2023, to holders of record on November 3, 2023. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.75 for each receipt held.
– 4.000% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series W, payable December 11, 2023, to holders of record on December 1, 2023. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $10.00 for each receipt held.
– 3.875% Fixed Rate Reset Noncumulative Preferred Stock, Series X, payable November 20, 2023, to holders of record on November 10, 2023. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $9.6875 for each receipt held.
– 4.150% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series Y, payable November 15, 2023, to holders of record on November 3, 2023. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $10.375 for each receipt held.
– 7.375% Fixed Rate Noncumulative Preferred Stock, Series Z, payable November 15, 2023, to holders of record on November 3, 2023. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $18.4375 for each receipt held.
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.
