CFG Citizens Financial Group dividend history, payout ratio & dates
Citizens Financial Group's last cash dividend of $0.42 per share was issued to shareholders on record before Oct 30, 2024. The dividend payment stands at $1.68 per share annually, which equates to a dividend yield of 3.86%.
Key dates
- CFG last dividend date: Oct 30, 2024
CFG dividend stats
vs. Financial Services sector
Dividend yield
Citizens Financial Group's dividend yield of 3.86% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.84%, Citizens Financial Group's dividend yield is 36% higher. Historically CFG's dividend yield has averaged at 4.6% in the last 5 years, which is more than the current one.
Dividend history
Citizens Financial Group has been paying dividends for the last ten years. According to our records CFG has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the stock price up by 31% from a year ago, the dividend yield has decreased by 24%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 30, 2024 | $0.42 | 3.93% |
| Jul 31, 2024 | $0.42 | 3.94% |
| Apr 30, 2024 | $0.42 | 4.93% |
| Jan 30, 2024 | $0.42 | 4.9% |
| Oct 31, 2023 | $0.42 | 7.17% |
| Aug 1, 2023 | $0.42 | 5.4% |
| May 2, 2023 | $0.42 | 6.24% |
| Jan 30, 2023 | $0.42 | 3.9% |
| Nov 1, 2022 | $0.42 | 4.01% |
| Aug 1, 2022 | $0.42 | 4.23% |
| May 2, 2022 | $0.39 | 3.96% |
| Jan 28, 2022 | $0.39 | 3.02% |
| Oct 28, 2021 | $0.39 | 3.26% |
| Jul 29, 2021 | $0.39 | 3.64% |
| Apr 28, 2021 | $0.39 | 3.38% |
| Feb 2, 2021 | $0.39 | 4.1% |
| Oct 27, 2020 | $0.39 | 5.85% |
| Jul 28, 2020 | $0.39 | 6.33% |
| Apr 28, 2020 | $0.39 | 6.73% |
| Jan 28, 2020 | $0.39 | 3.76% |
| Oct 29, 2019 | $0.36 | 3.81% |
| Jul 30, 2019 | $0.36 | 3.37% |
| Apr 30, 2019 | $0.32 | 3.26% |
| Jan 30, 2019 | $0.32 | 3.12% |
| Oct 30, 2018 | $0.27 | 2.7% |
| Jul 31, 2018 | $0.27 | 2.24% |
| May 1, 2018 | $0.22 | 1.95% |
| Jan 31, 2018 | $0.22 | 1.57% |
| Oct 31, 2017 | $0.18 | 1.68% |
| Jul 31, 2017 | $0.18 | 1.65% |
| May 1, 2017 | $0.14 | 1.4% |
| Jan 31, 2017 | $0.14 | 1.38% |
| Oct 31, 2016 | $0.12 | 1.75% |
| Aug 1, 2016 | $0.12 | 1.98% |
| May 2, 2016 | $0.12 | 1.82% |
| Feb 2, 2016 | $0.1 | 1.98% |
| Nov 3, 2015 | $0.1 | 1.64% |
| Jul 30, 2015 | $0.1 | 1.51% |
| May 1, 2015 | $0.1 | 1.15% |
| Feb 3, 2015 | $0.1 | 0.82% |
Citizens Financial Group dividend payout ratio
Payout ratio
Citizens Financial Group's payout ratio of 65.4% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 44.4%, Citizens Financial Group's payout ratio is 47% higher.
Total amount of dividends paid per financial year (from cash flow)
CFG dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CFG Citizens Financial Group Inc | 3.84% | $1.68 | 65.4% |
| PB Prosperity Bancshares Inc | 3% | $2.26 | 48.1% |
| CATY Cathay General Bancorp | 2.86% | $1.36 | 34.2% |
| IBOC International Bancshares Corp | 2.09% | $1.32 | 20.5% |
Frequently asked questions
Does Citizens Financial Group pay a dividend?
Yes, Citizens Financial Group has been paying dividends for the last ten years.
When was CFG's last dividend?
Citizens Financial Group's last regular dividend was on Oct 30, 2024 (ex-date) with the amount of $0.42 per share.
How much dividend does Citizens Financial Group pay (per share)?
CFG's annualized dividend per share is $1.68.
What is Citizens Financial Group's dividend yield?
Currently Citizens Financial Group's dividend yield is 3.86%.
How often does Citizens Financial Group pay dividends?
Citizens Financial Group pays dividends quarterly.
What is Citizens Financial Group's dividend payout ratio?
The dividend payout ratio of Citizens Financial Group is 65.4%.
Does Citizens Financial Group pay a good dividend?
Citizens Financial Group's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.