shares in this article
The major American bank Citigroup Inc. (ISIN: US1729674242, NYSE: C) will pay its shareholders an unchanged quarterly dividend of 51 US cents per share on May 27, 2022. Record date is May 2, 2022.
This means that, extrapolated for the year as a whole, 2.04 US dollars will be paid out. At the current share price of $52.33 (as of April 1, 2022), this equates to a current dividend yield of 3.90 percent. In July 2019, the group announced an increase of 13.3 percent compared to the previous quarter (45 cents).
Revenue for the fourth quarter of 2021 was $17.02 billion, up from $16.83 billion a year earlier, the nation’s third-biggest bank said on Jan. 14. The bottom line was a profit of $3.17 billion, up from a profit of $4.31 billion a year earlier.
Citigroup’s history dates back to 1812 when the City Bank of New York was founded. Today’s group was formed in October 1998 through the merger of Citicorp and Travelers Group. The branches focus on metropolises such as New York, Chicago and San Francisco. Over 200,000 people are employed.
Year-to-date in 2022, the stock is down 13.35 percent on Wall Street and currently has a market cap of $103.66 billion (as of April 1, 2022).
Saskia Haaker, Editor at MyDividends.de
Leverage must be between 2 and 20
No data
