Citi to boost QTR div 12% to $0.67 per share

Citigroup Inc. (C) has announced a quarterly dividend of $0.60 per share for its common stock, representing a 12% increase from the previous payout. The dividend will be distributed on May 22, 2026, to shareholders who are registered as of May 4, 2026. This increase reflects the company's ongoing commitment to returning value to its shareholders, despite the challenges faced by the financial sector in recent years.

In addition to the common stock dividend, Citigroup has also declared dividends on several series of its preferred stock, with amounts varying by series. These include fixed rate reset noncumulative preferred shares, with payouts ranging from $0.44 to $28.52 per depositary receipt, depending on the series. The dividends are scheduled to be paid on May 15, 2026, to holders of record as of May 5, 2026.

The announcement underscores Citigroup's continued focus on maintaining a stable and predictable dividend policy, which is a key consideration for income-oriented investors.