Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends

Rhea-AI Summary

Citigroup has announced its quarterly dividend declarations for both common and preferred stock. The company will pay a quarterly dividend of $0.56 per share on common stock, payable on February 28, 2025, to stockholders of record on February 3, 2025.

The board also declared dividends on multiple series of preferred stock, with rates ranging from 3.875% to 7.625%. These preferred stock dividends will be paid on various dates in early 2025, with most payments scheduled for February 18, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will receive payments ranging from $9.6875 to $31.25 per receipt.

Positive

• Consistent dividend payment maintained at $0.56 per share for common stockholders
• Multiple preferred stock dividend payments ranging up to 7.625% showing strong shareholder returns
• Broad range of preferred stock options providing diverse investment opportunities

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Citigroup Inc. yesterday declared a quarterly dividend on Citigroup’s common stock of $0.56 per share, payable on February 28, 2025, to stockholders of record on February 3, 2025.

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

– 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable February 18, 2025, to holders of record on February 7, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $31.25 for each receipt held.

– 4.700% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series V, payable January 30, 2025, to holders of record on January 17, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $23.50 for each receipt held.

– 4.000% Fixed Rate Reset Noncumulative Preferred Stock, Series W, payable March 10, 2025, to holders of record on February 28, 2025. 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 February 18, 2025, to holders of record on February 7, 2025. 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 Reset Noncumulative Preferred Stock, Series Y, payable February 18, 2025, to holders of record on February 7, 2025. 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 Reset Noncumulative Preferred Stock, Series Z, payable February 18, 2025, to holders of record on February 7, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $18.4375 for each receipt held.

– 7.625% Fixed Rate Reset Noncumulative Preferred Stock, Series AA, payable February 18, 2025, to holders of record on February 7, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $19.0625 for each receipt held.

– 7.200% Fixed Rate Reset Noncumulative Preferred Stock, Series BB, payable February 18, 2025, to holders of record on February 7, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $18.00 for each receipt held.

– 7.125% Fixed Rate Reset Noncumulative Preferred Stock, Series CC, payable February 18, 2025, to holders of record on February 7, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.8125 for each receipt held.

– 7.000% Fixed Rate Reset Noncumulative Preferred Stock, Series DD, payable February 18, 2025, to holders of record on February 7, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.50 for each receipt held.

– 6.750% Fixed Rate Reset Noncumulative Preferred Stock, Series EE, payable February 18, 2025, to holders of record on February 7, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $13.50 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 more than 180 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 | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi

View source version on businesswire.com: https://www.businesswire.com/news/home/20250114845734/en/

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

Investors: Jennifer Landis (212) 559-2718

Source: Citigroup Inc.

FAQ

What is Citigroup's quarterly dividend per share for Q1 2025?

Citigroup's quarterly dividend for common stock is $0.56 per share, payable on February 28, 2025.

When is the record date for Citigroup's Q1 2025 common stock dividend?

The record date for Citigroup's common stock dividend is February 3, 2025.

What is the highest preferred stock dividend rate offered by Citigroup in this announcement?

The highest preferred stock dividend rate is 7.625% for the Series AA Fixed Rate Reset Noncumulative Preferred Stock.

How many different preferred stock series are included in Citigroup's dividend announcement?

Citigroup announced dividends for 11 different preferred stock series, from Series T through Series EE.

What is the payment amount for Citigroup's Series T preferred stock depositary receipts?

Holders of Series T preferred stock depositary receipts will be paid $31.25 for each receipt held.