On 7/11/17, Citigroup Inc’s 5.80% Noncumulative Preferred Stock, Series C (Symbol: C.PRC) will trade ex-dividend, for its quarterly dividend of $0.3625, payable on 7/24/17. As a percentage of C.PRC’s recent share price of $26.04, this dividend works out to approximately 1.39%, so look for shares of C.PRC to trade 1.39% lower – all else being equal – when C.PRC shares open for trading on 7/11/17. On an annualized basis, the current yield is approximately 5.58%, which compares to an average yield of 5.47% in the “Financial” preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of C.PRC shares, versus C:
Below is a dividend history chart for C.PRC, showing historical dividends prior to the most recent $0.3625 on Citigroup Inc’s 5.80% Noncumulative Preferred Stock, Series C :
According to the ETF Finder at ETF Channel, Citigroup Inc (Symbol: C) makes up 8.24% of the First Trust Nasdaq Bank ETF ( FTXO ) which is trading higher by about 0.5% on the day Friday.
In Friday trading, Citigroup Inc’s 5.80% Noncumulative Preferred Stock, Series C (Symbol: C.PRC) is currently up about 0.1% on the day, while the common shares (Symbol: C) are up about 0.8%.