Citizens Financial Preferred Stock Investment Overview

Investing in Citizens Financial Preferred Stock can be a solid addition to a diversified portfolio. Citizens Financial Preferred Stock offers a fixed rate of return, providing a predictable income stream for investors.

The face value of Citizens Financial Preferred Stock is $25, which is the minimum investment required to purchase a share. This fixed value provides a clear understanding of the stock's value.

Investors can expect a relatively stable return on investment, with a low risk profile compared to other investment options. This stability makes Citizens Financial Preferred Stock an attractive option for those seeking predictable income.

Citizens Financial Group, Inc. has declared dividends on its preferred stock, payable on January 6, 2025.

The company's board of directors has a history of declaring dividends on its preferred stock, with a payout of $0.3125 per share.

This dividend is a regular quarterly payout, with the ex-dividend date typically falling on the 18th of September, December, March, and June.

The dividend payout has been consistent, with the same amount of $0.3125 per share paid out in each quarter since 2025.

The company's preferred stock, CFG-PR-E, has a historical data-driven dividend capture strategy, which involves buying shares one day before the ex-dividend date and selling them when the price recovers.

Here's a breakdown of the dividend payout history for CFG-PR-E:

The company's preferred stock has a qualified dividend, meaning it meets certain tax requirements, and the payout type is regular, indicating a consistent payment schedule.

Citizens Financial Preferred Stock offers a competitive dividend yield of 4.5%, making it an attractive option for income-seeking investors.

This dividend yield is significantly higher than the average yield of other preferred stocks in the market.

The stock's dividend payment history is stable, with 15 consecutive years of dividend payments, providing investors with a sense of security and predictability.

Citizens Financial Group's revenue in 2023 was $7.54 billion, a decrease of -0.13% from the previous year.

This decline in revenue is significant, considering the company's earnings also took a hit. Earnings were $1.49 billion, a decrease of -23.93% from the previous year.

According to 17 analysts, the average rating for CFG stock is "Buy."

The 12-month stock price forecast is $47.35, which is an increase of 0.57% from the latest price.

Citizens Financial Group, Inc. is set to release earnings results for its fourth quarter before the opening bell on Friday, Jan. 17, 2025.

Citizens Financial Group reported Q3 earnings in line with expectations, with shares flat after a 60% gain over the past year.

The company's revenue was $7.54 billion in 2023, a slight decrease of -0.13% from the previous year.

Citizens Financial's earnings were $1.49 billion, a notable decrease of -23.93% from the previous year.

The decline in earnings was largely due to a decrease in net interest income and margin, which was affected by fixed-rate swaps.

When investing in Citizens Financial Preferred Stock, it's essential to consider your investment goals and risk tolerance.

Citizens Financial Preferred Stock offers a relatively stable source of income, with a fixed dividend rate of 5.25% to 6.25% per annum.

To maximize returns, investors should aim to hold the stock for at least 5 years to avoid early redemption fees.

Regular dividend payments can provide a steady stream of income, making it an attractive option for income-seeking investors.

I've been following the stock market, and I think it's worth noting that Citizens Financial Group is a company to keep an eye on in the coming year.

Citizens Financial Group is expected to have a pivotal year ahead, with key catalysts in January including the December payrolls report.

The company's shares are fairly priced, having gained 64% since April 2023, which is a significant increase.

However, the technicals for the company are mixed, which is a concern for investors.

As an investor, it's essential to consider the company's valuation and technicals before making a decision.

A dividend capture strategy can be a great way to earn some extra income from your investments.

The key is to buy shares of a company's preferred stock, such as CFG-PR-E, one day before the ex-dividend date.

This strategy is based on the company's historical data, but past performance is no guarantee of future results.

You should purchase CFG-PR-E shares on March 20, 2025, which is one day before the ex-dividend date of March 21, 2025.

The average price recovery for this strategy is 1.33%, which is a decent return on your investment.

You can then sell your CFG-PR-E shares when the price recovers, which is the second step of this strategy.

Keep in mind that this strategy involves some risk, as the stock market can be unpredictable.

If you're considering this strategy, make sure to do your own research and understand the potential risks and rewards.

You can also refer to the company's dividend declarations, such as the one announced by Citizens Financial Group, Inc. on January 6, 2020.