Citigroup Inc. (NYSE:C) Updates On Dividend Release Date


On 2016-07-21, Citigroup Inc. (NYSE:C) confirmed the dividend disbursement of $0.16 a share to shareholders as on record 2016-08-01. The firm will release dividend on 2016-08-26 while ex-dividend date is reported to be 2016-07-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Citigroup Inc. (NYSE:C) paid a total of $0.16 per share in dividends. This figure stood at $0.16 a share in the same period a year ago indicating a deviation of 300.0001%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $55.133 on the stock. This figure is the average of recommendations offered by 15 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $65 and $45, respectively.

Taking the mathematical rating formula, the price for Citigroup Inc. (NYSE:C) stands at 1.63. Earnings Review Citigroup Inc. (NYSE:C) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-14. For the period ending on 2016-09-30, experts are expecting EPS of $1.15.

Coming to the quarter ending on 2015-12-31, Citigroup Inc. (NYSE:C) recorded EPS of $1.25. The reported numbers came lower than the analysts’ estimates of $1.09, demonstrating a miss of $0.16 as against reported figures.

Shares of the Citigroup Inc. (NYSE:C) traded in the range of $45.22 to $45.6 and closed the last trading session at $45.58 on a volume of ((Volume:238}}.

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