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Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Citigroup Inc. announces quarterly dividends on common and preferred stocks, with varying rates and payment dates in 2024.
Positive
None.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.53 per share, payable on May 24, 2024 to stockholders of record on May 6, 2024.
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 15, 2024, to holders of record on May 3, 2024. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $22.5865 for each receipt held.
– 6.300% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series M, payable May 15, 2024, to holders of record on May 3, 2024. 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 15, 2024, to holders of record on May 3, 2024. 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 Noncumulative Preferred Stock, Series W, payable June 10, 2024, to holders of record on May 31, 2024. 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 20, 2024, to holders of record on May 10, 2024. 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 May 15, 2024, to holders of record on May 3, 2024. 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 May 15, 2024, to holders of record on May 3, 2024. 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 May 15, 2024, to holders of record on May 3, 2024. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $19.0625 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 nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
