Citizens Financial Group Announces $0.4063 Quarterly Dividend for Series I Perpetual Preferred Stock

Citizens Financial Group, Inc. (CFG) has declared a quarterly dividend of $0.4063 per share for its US$400 million 6.50% resettable callable non-cumulative perpetual preferred stock (Series I). The distribution represents a forward yield of approximately 6.81%. The dividend is scheduled to be paid on January 6, with the ex-dividend date and record date both set for December 22. This announcement pertains specifically to the Series I preferred equity instrument rather than common stock.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Citizens Financial Group Announces $0.4063 Quarterly Dividend for Series I Perpetual Preferred Stock

Tickers: $CFG

Topics: dividend declaration fixed income preferred stock

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