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NEW YORK - Citigroup Inc. (NYSE:C) announced Monday that its Board of Directors has declared a quarterly dividend of $0.60 per share on the company’s common stock, payable on November 26, 2025, to stockholders of record on November 3, 2025. The dividend represents a 2.56% yield, with the banking giant having maintained consistent dividend payments for 15 consecutive years. According to InvestingPro data, Citigroup’s dividend has grown by approximately 13% over the last twelve months.
The banking giant also declared dividends on multiple series of its preferred stock. These include the 4.000% Fixed Rate Reset Noncumulative Preferred Stock, Series W; 3.875% Fixed Rate Reset Noncumulative Preferred Stock, Series X; and several other preferred stock series ranging from 4.150% to 7.625% fixed rates.
For the Series W preferred stock, holders of depositary receipts will receive $10.00 per receipt, payable December 10, 2025, to holders of record on November 26, 2025. The remaining preferred stock dividends will be paid on November 17 or 18, 2025, to holders of record on November 7, 2025.
Payments for depositary receipts across the various preferred stock series range from $9.6875 to $21.38888889 per receipt held, according to the announcement.
The dividend declarations were made public through a company press release statement.
Citigroup operates in more than 180 countries and jurisdictions worldwide, providing financial products and services to corporations, governments, investors, institutions, and individuals. For detailed insights into Citigroup’s valuation metrics and 10+ additional exclusive ProTips, explore the comprehensive research available on InvestingPro.
In other recent news, Citigroup has rejected a $9.3 billion offer from Grupo Mexico for its Banamex unit. The bank decided to stick with a previously agreed-upon deal rather than accept the unsolicited bid. Grupo Mexico, led by German Larrea, has stated it will not engage in a bidding war for the Banamex unit and may consider a public listing if its current offer is accepted. Piper Sandler has maintained its Overweight rating on Citigroup, with a price target of $107, following the acquisition offer for Banamex. Keefe, Bruyette & Woods also reiterated an Outperform rating on Citigroup, with a price target of $105. Additionally, Citigroup has appointed Tobias Akermark from Barclays and Kasper Dichow from Nordea to lead its Nordic investment banking operations, as part of its strategy to expand in Europe. These developments highlight Citigroup’s ongoing strategic maneuvers in its international operations and asset management.
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