Finance

Citigroup Board Approves $0.67 Common Stock Dividend, Details Multiple Preferred Payouts

Citigroup Board Approves $0.67 Common Stock Dividend, Details Multiple Preferred Payouts

NEW YORK — The Board of Directors of Citigroup Inc. has formally declared a quarterly dividend on the company’s common stock, setting the payout at $0.67 per share. This significant announcement for common shareholders is scheduled for payment on November 25, 2026, to stockholders who are on record as of November 2, 2026. This declaration underscores Citigroup’s ongoing commitment to returning capital to its investors, a key indicator of financial stability and operational performance within the global banking sector.

Beyond the common stock dividend, the Board also approved dividends for a comprehensive range of Citigroup’s preferred stock series. These declarations cover twelve distinct series of preferred shares, each with specific terms regarding their fixed rates and noncumulative nature, reflecting the diverse investment options offered by the financial giant.

Common Stock Dividend Details

The $0.67 per share common stock dividend represents a direct return to the equity holders of Citigroup. Such declarations are closely watched by market participants as they provide insight into a company’s earnings power and capital allocation strategies. The established payment date of November 25, 2026, and the record date of November 2, 2026, provide clear timelines for investors to qualify for and receive their distributions.

Preferred Stock Dividend Declarations

Citigroup’s Board also detailed dividends for its extensive portfolio of preferred stock. All preferred stock dividends, with the exception of Series II, are set to be paid on November 16, 2026, to holders of record on November 6, 2026. These preferred shares, characterized by their fixed-rate reset and noncumulative features, offer investors a different risk-reward profile compared to common stock, typically providing a steady income stream.

Individual Preferred Stock Series Payouts:

  • 4.150% Fixed Rate Reset Noncumulative Preferred Stock, Series Y: Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will receive $10.375 for each receipt held.
  • 7.375% Fixed Rate Reset Noncumulative Preferred Stock, Series Z: For this series, holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, are slated to receive $18.4375 per receipt.
  • 7.625% Fixed Rate Reset Noncumulative Preferred Stock, Series AA: Investors holding depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $19.0625 for each receipt.
  • 7.200% Fixed Rate Reset Noncumulative Preferred Stock, Series BB: Each depositary receipt, representing one-twenty-fifth of a full preferred share, will yield $18.00 for its holder.
  • 7.125% Fixed Rate Reset Noncumulative Preferred Stock, Series CC: Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, are set to receive $17.8125 per receipt.
  • 7.000% Fixed Rate Reset Noncumulative Preferred Stock, Series DD: For this series, each depositary receipt, representing one-twenty-fifth of a full preferred share, will result in a payment of $17.50.
  • 6.750% Fixed Rate Reset Noncumulative Preferred Stock, Series EE: Investors with depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $16.875 for each.
  • 6.950% Fixed Rate Reset Noncumulative Preferred Stock, Series FF: Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will receive $17.375 per receipt.
  • 6.875% Fixed Rate Reset Noncumulative Preferred Stock, Series GG: Each depositary receipt, representing one-twenty-fifth of a full preferred share, will yield $17.1875 for its holder.
  • 6.625% Fixed Rate Reset Noncumulative Preferred Stock, Series HH: Investors holding depositary receipts, each representing one-twenty-fifth of a full preferred share, are slated to receive $16.5625 per receipt.
  • 6.250% Noncumulative Preferred Stock, Series II: This series has a unique structure where holders of depositary receipts, each representing one one-thousandth of a full preferred share, will be paid $0.390625 for each receipt held. The payment date is November 16, 2026, to holders of record on November 6, 2026.
  • 6.500% Fixed Rate Reset Noncumulative Preferred Stock, Series JJ: For this series, holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will receive $16.25 per receipt.

About Citigroup

Citigroup Inc. operates as a preeminent banking partner for institutions with cross-border needs, maintaining its position as a global leader in wealth management. The company is also recognized as a valued personal bank within its home market of the United States. With operations spanning more than 180 countries and jurisdictions, Citi provides a broad spectrum of financial products and services to corporations, governments, investors, institutions, and individuals worldwide. The consistent declaration of dividends across both common and preferred stock categories reflects the institution’s robust financial framework and its strategic approach to shareholder value.

The comprehensive dividend declarations by Citigroup’s Board of Directors signal a period of continued financial distribution to its diverse base of shareholders. These payouts, particularly the quarterly common stock dividend, are a tangible demonstration of the bank’s commitment to delivering returns and maintaining investor confidence as it navigates the global financial landscape.

Tags: citigroup common stock dividends financial services preferred stock

Related Articles