Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends

Rhea-AI Summary

The Board of Directors of Citigroup has declared a quarterly dividend of $0.51 per share on its common stock, paying on May 28, 2021, for stockholders of record on May 3, 2021. Various dividends on preferred stock were also announced, including Series D at $26.75 per depositary receipt, payable May 17, and Series J at $0.4453125 per depositary receipt, payable June 30. These dividends reflect Citigroup's strong commitment to returning value to shareholders.

Positive

• Declaration of a quarterly dividend of $0.51 per share on common stock.
• Commitment to return value to shareholders through consistent dividend payments.
• Multiple dividends declared for preferred stock, indicating financial stability.

Negative

• None.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on May 28, 2021 to stockholders of record on May 3, 2021.

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 May 17, 2021, to holders of record on May 7, 2021. 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 June 30, 2021, to holders of record on June 18, 2021. 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 May 17, 2021, to holders of record on May 7, 2021. 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 May 17, 2021, to holders of record on May 7, 2021. 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 May 17, 2021, to holders of record on May 7, 2021. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.75 for each receipt held.

– 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series Q, payable May 17, 2021, to holders of record on May 7, 2021. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $10.721875 for each receipt held.

– 6.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series R, payable May 17, 2021, to holders of record on May 7, 2021. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $11.679375 for each receipt held.

– 4.000% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series W, payable June 10, 2021, to holders of record on May 28, 2021. 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 May 18, 2021, to holders of record on May 7, 2021. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $9.6875 for each receipt held.

Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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

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FAQ

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

Citigroup has declared a dividend of $0.51 per share on its common stock.

When will the dividends for Citigroup's common stock be paid?

The dividends on common stock will be paid on May 28, 2021.

What are the payment dates for Citigroup's preferred stock dividends?

Preferred stock dividends will be paid on various dates, including May 17 and June 30, 2021.

What is Citigroup's approach to dividends?

Citigroup aims to return value to shareholders by declaring regular dividends on both common and preferred stock.