Citigroup Inc. to Issue Quarterly Dividend of $0.60 (NYSE:C)

Citigroup Inc. (NYSE:C) declared a quarterly dividend on Monday, January 12th. Shareholders of record on Monday, February 2nd will be paid a dividend of 0.60 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, February 2nd.

Citigroup has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years. Citigroup has a dividend payout ratio of 25.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Citigroup to earn $9.45 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 25.4%.

Citigroup Stock Performance

Shares of NYSE:C traded down $1.69 during trading on Tuesday, hitting $116.01. 18,306,857 shares of the company were exchanged, compared to its average volume of 14,144,980. Citigroup has a 52-week low of $55.51 and a 52-week high of $124.17. The stock has a 50 day moving average of $109.48 and a 200 day moving average of $100.42. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market cap of $207.57 billion, a PE ratio of 16.29, a P/E/G ratio of 0.47 and a beta of 1.18.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, October 14th. The company reported $2.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.35. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The company had revenue of $22.09 billion for the quarter, compared to analyst estimates of $20.92 billion. During the same period in the previous year, the company posted $1.51 EPS. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. As a group, equities research analysts predict that Citigroup will post 7.53 EPS for the current year.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Board declared a $0.60 quarterly common dividend — a direct cash return to shareholders that can support investor confidence while earnings are awaited. Citigroup declares $0.60 dividend
• Neutral Sentiment: Q4 earnings are due this week; analysts expect stronger NII and revenues but warn that high costs and credit-quality trends could weigh on results and guidance — earnings will likely be the next major near‑term catalyst. Citigroup Q4 earnings on the deck
• Neutral Sentiment: Management is moving ahead with another round of reductions — ~1,000 job cuts this week as part of the multi‑year restructuring to reduce costs; that should help margins over time but signals continued execution risk and upfront charges. Citigroup is set to cut about 1,000 jobs
• Negative Sentiment: Legal risk: the U.S. Supreme Court declined to hear Citi’s appeal in the Oceanografia case, leaving in place exposure tied to a lawsuit alleging >$1B losses — a headline risk that can pressure the stock and create uncertainty around potential liabilities. US Supreme Court rebuffs Citigroup appeal
• Negative Sentiment: Regulatory/policy risk: markets reacted to a proposed 10% cap on credit‑card interest rates, which hit bank stocks broadly (including Citi) by increasing uncertainty around future card revenue and margins. That macro policy overhang likely contributed to the share weakness. Banks including Citi slide after Trump calls for credit card interest rate limit

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.