Company Overview - Citigroup is headquartered in New York and has experienced a price change of 15.68% this year [3] - The current dividend payout is $0.56 per share, resulting in a dividend yield of 2.75%, which is significantly higher than the Financial - Investment Bank industry's yield of 0.85% and the S&P 500's yield of 1.5% [3] Dividend Performance - The annualized dividend of Citigroup is currently $2.24, reflecting a 2.8% increase from the previous year [4] - Over the last 5 years, Citigroup has increased its dividend 2 times year-over-year, with an average annual increase of 1.58% [4] - The current payout ratio is 38%, indicating that Citigroup paid out 38% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Citigroup's earnings per share for 2025 is $7.51, representing a year-over-year growth rate of 26.22% [5] Investment Opportunity - Citigroup is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7]
Why Citigroup (C) is a Top Dividend Stock for Your Portfolio