Citigroup raises dividend by 7% to $0.60

Citigroup has increased its quarterly dividend to $0.60 per share, marking a 7.1% rise from the previous $0.56 dividend.

The new dividend provides a forward yield of 2.74% and is scheduled for distribution on August 22.

Shareholders must hold their shares by August 4 to qualify, as this is the record and ex-dividend date.

Dividend Recommendation Rating: Strong Buy

Citigroup (NYSE:C) has announced a quarterly dividend of $0.60 per share, reflecting a 7.1% increase from the previous dividend of $0.56.

This dividend offers a forward yield of 2.74%. The payment will be distributed on August 22, with a record date for shareholders set for August 4. Additionally, the ex-dividend date is also August 4.

For further details, you can refer to the Citigroup Dividend Scorecard, Yield Chart, and Dividend Growth information.