Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends

Rhea-AI Summary

The Board of Directors of Citigroup declared a quarterly dividend of $0.51 per share, payable on November 23, 2022, to stockholders of record on November 7, 2022. Additionally, dividends were announced for various preferred stock series, including $26.75 for Series D, $0.4453125 for Series J, and $10.00 for Series W, among others, with payment dates ranging from November 15 to December 30, 2022. This consistent dividend payment reflects Citigroup's commitment to returning value to shareholders.

Positive

• Quarterly dividend of $0.51 per share reflects strong cash flow.
• Consistent dividend payments highlight Citigroup's shareholder value focus.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on November 23, 2022 to stockholders of record on November 7, 2022.

The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows:

– 5.350% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series D, payable November 15, 2022, to holders of record on November 4, 2022. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $26.75 for each receipt held.

– 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J, payable December 30, 2022, to holders of record on December 20, 2022. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.4453125 for each receipt held.

– 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K, payable November 15, 2022, to holders of record on November 4, 2022. 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, 2022, to holders of record on November 4, 2022. 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, 2022, to holders of record on November 4, 2022. 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 12, 2022, to holders of record on December 2, 2022. 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 18, 2022, to holders of record on November 8, 2022. 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, 2022, to holders of record on November 4, 2022. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $10.375 for each receipt held.

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 more than 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

View source version on businesswire.com: https://www.businesswire.com/news/home/20221020005810/en/

Media: Danielle Romero-Apsilos (212) 816-2264

Investors: Jennifer Landis (212) 559-2718

Source: Citigroup Inc.

FAQ

What is the dividend amount for Citigroup's common stock in 2022?

The dividend amount for Citigroup's common stock is $0.51 per share.

When will Citigroup's common stock dividend be paid?

The dividend will be paid on November 23, 2022.

What is the payment date for Citigroup's Series D preferred stock dividend?

The Series D preferred stock dividend will be paid on November 15, 2022.

What is the dividend amount for Citigroup's Series J preferred stock?

The dividend amount for Citigroup's Series J preferred stock is $0.4453125 per receipt.

When is the payment date for the Series W preferred stock dividend?

The payment date for the Series W preferred stock dividend is December 12, 2022.