Citizens Financial Group, Inc. (NYSE:CFG) Updates On Dividend Release Date


On 2016-07-21, Citizens Financial Group, Inc. (NYSE:CFG) confirmed the dividend disbursement of $0.12 a share to shareholders as on record 2016-08-03. The firm will release dividend on 2016-08-17 while ex-dividend date is reported to be 2016-08-01.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Citizens Financial Group, Inc. (NYSE:CFG) paid a total of $0.12 per share in dividends. This figure stood at $0.12 a share in the same period a year ago indicating a deviation of 300%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $25.727 on the stock. This figure is the average of recommendations offered by 11 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $28 and $23, respectively.

Taking the mathematical rating formula, the price for Citizens Financial Group, Inc. (NYSE:CFG) stands at 1.71. Earnings Review Citizens Financial Group, Inc. (NYSE:CFG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-21. For the period ending on 2016-09-30, experts are expecting EPS of $0.49.

Coming to the quarter ending on 2015-12-31, Citizens Financial Group, Inc. (NYSE:CFG) recorded EPS of $0.46. The reported numbers came lower than the analysts’ estimates of $0.43, demonstrating a miss of $0.03 as against reported figures.

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