Citigroup Inc Dividend Overview and Investment Analysis

Citigroup Inc has a long history of paying dividends to its shareholders, with the first dividend payment made in 1865. The company has consistently maintained a strong dividend payout ratio, with an average payout ratio of 24% over the past 10 years.

Citigroup Inc has a market capitalization of over $150 billion, making it one of the largest financial institutions in the world. This size and scale provide a solid foundation for the company's dividend payments.

As of 2022, Citigroup Inc's dividend yield is around 3.5%, which is relatively competitive compared to other large-cap financial institutions. This yield indicates the potential return on investment for shareholders.

The company's dividend growth rate has been steady, with an average annual growth rate of 5% over the past 5 years. This consistent growth demonstrates the company's commitment to rewarding its shareholders.

Citigroup Inc. declares a quarterly dividend on its common stock, with the most recent dividend being $0.53 per share, payable on May 24, 2024, to stockholders of record on May 6, 2024.

The company also declares dividends on its preferred stock, with various series having different dividend rates and payment dates. For example, the 5.350% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series D, has a dividend rate of $22.5865 per depositary receipt.

Citigroup Inc. pays dividends on a quarterly basis, with the ex-dividend date being the date by which buyers must purchase shares to receive the next dividend payment. The next dividend payment is planned for February 28, 2025.

The company has a dividend yield of 2.86% and a payout ratio of 61.88%, indicating that a significant portion of its earnings are paid out as dividends. The annual dividend is $2.24 per share, and the company has increased its dividends for 3 consecutive years.

Citigroup Inc. is a preeminent banking partner for institutions with cross-border needs and a global leader in wealth management, with a presence in nearly 160 countries and jurisdictions.

Citigroup Inc.'s dividend yield is a crucial metric for investors to consider. Its current value of 2.75% is a significant percentage of the current stock price paid out as dividends to shareholders.

The percentile ranks table provides a way to compare Citigroup Inc.'s dividend yield to its sector, country, and the world. This allows investors to quickly evaluate its relative stability and growth potential.

A value of 0.48 relative to the sector means that Citigroup Inc.'s dividend yield is higher than 48% of companies in its sector. This is a notable advantage for investors looking for a stable dividend income.

The table also shows that Citigroup Inc.'s dividend yield is higher than 53% of companies in its country, with a value of 0.53. This suggests that the company's dividend yield is relatively strong compared to its peers.

Here's a summary of the percentile ranks table: