Citizens Financial Group's last quarterly cash dividend of $0.42 per share was issued to shareholders on record before May 2, 2023. The dividend payment stands at $1.68 per share annually, which equates to a dividend yield of 6.37%.
Citizens Financial Group's dividend yield of 6.37% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.86%, Citizens Financial Group's dividend yield is 65% higher. Historically CFG's dividend yield has averaged at 4.0% in the last 5 years, which is less than the current one.
Citizens Financial Group has been paying dividends for the last nine years. According to our records CFG has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 8% for the last twelve months. And with the stock price down by 34% from a year ago, the dividend yield has grown by 63%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 2, 2023 | May 17, 2023 | Apr 19, 2023 | $0.42 | normal |
Jan 30, 2023 | Feb 14, 2023 | Jan 13, 2023 | $0.42 | normal |
Nov 1, 2022 | Nov 16, 2022 | Oct 19, 2022 | $0.42 | normal |
Aug 1, 2022 | Aug 16, 2022 | Jul 19, 2022 | $0.42 | normal |
May 2, 2022 | May 17, 2022 | Apr 19, 2022 | $0.39 | normal |
Jan 28, 2022 | Feb 11, 2022 | Jan 19, 2022 | $0.39 | normal |
Oct 28, 2021 | Nov 12, 2021 | Oct 20, 2021 | $0.39 | normal |
Jul 29, 2021 | Aug 13, 2021 | Jul 20, 2021 | $0.39 | normal |
Apr 28, 2021 | May 13, 2021 | Apr 16, 2021 | $0.39 | normal |
Feb 2, 2021 | Feb 17, 2021 | Jan 20, 2021 | $0.39 | normal |
Oct 27, 2020 | Nov 12, 2020 | Oct 14, 2020 | $0.39 | normal |
Jul 28, 2020 | Aug 12, 2020 | Jul 17, 2020 | $0.39 | normal |
Apr 28, 2020 | May 13, 2020 | Apr 17, 2020 | $0.39 | normal |
Jan 28, 2020 | Feb 12, 2020 | Jan 17, 2020 | $0.39 | normal |
Oct 29, 2019 | Nov 13, 2019 | Oct 18, 2019 | $0.36 | normal |
Jul 30, 2019 | Aug 14, 2019 | Jul 19, 2019 | $0.36 | normal |
Apr 30, 2019 | May 15, 2019 | Apr 18, 2019 | $0.32 | normal |
Jan 30, 2019 | Feb 14, 2019 | Jan 18, 2019 | $0.32 | normal |
Oct 30, 2018 | Nov 14, 2018 | Oct 19, 2018 | $0.27 | normal |
Jul 31, 2018 | Aug 15, 2018 | Jul 20, 2018 | $0.27 | normal |
May 1, 2018 | May 16, 2018 | Apr 18, 2018 | $0.22 | normal |
Jan 31, 2018 | Feb 15, 2018 | Jan 18, 2018 | $0.22 | normal |
Oct 31, 2017 | Nov 15, 2017 | Oct 18, 2017 | $0.18 | normal |
Jul 31, 2017 | Aug 16, 2017 | Jul 21, 2017 | $0.18 | normal |
May 1, 2017 | May 17, 2017 | Apr 20, 2017 | $0.14 | normal |
Jan 31, 2017 | Feb 16, 2017 | Jan 19, 2017 | $0.14 | normal |
Oct 31, 2016 | Nov 16, 2016 | Oct 21, 2016 | $0.12 | normal |
Aug 1, 2016 | Aug 17, 2016 | Jul 20, 2016 | $0.12 | normal |
May 2, 2016 | May 18, 2016 | Apr 21, 2016 | $0.12 | normal |
Feb 2, 2016 | Feb 18, 2016 | Jan 21, 2016 | $0.1 | normal |
Nov 3, 2015 | Nov 19, 2015 | Oct 22, 2015 | $0.1 | normal |
Citizens Financial Group's payout ratio of 40.2% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 32.1%, Citizens Financial Group's payout ratio is 25% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CFG Citizens Financial Group Inc | 6.05% | $1.68 | 40.2% |
ZION Zions Bancorporation National Association | 5.65% | $1.64 | 28% |
CATY Cathay General Bancorp | 4.22% | $1.36 | 26.3% |
IBOC International Bancshares Corp | 2.66% | $1.23 | 22% |
Yes, Citizens Financial Group has been paying dividends for the last nine years.
CFG hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in August 2023.
Citizens Financial Group's last regular dividend was on May 2, 2023 (ex-date) with the amount of $0.42 per share.
CFG's annualized dividend per share is $1.68.
Currently Citizens Financial Group's dividend yield is 6.37%.
Citizens Financial Group pays dividends quarterly.
The dividend payout ratio of Citizens Financial Group is 40.2%.
Citizens Financial Group's dividend yield is more than the Financial Services sector average.