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Business Wire

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Citigroup Inc. (C) today declared a quarterly dividend on the companys common stock of $0.01 per share, payable on February 24, 2012 to stockholders of record on February 6, 2012.

The Board also declared dividends on preferred stock as follows:

6.5% Non-Cumulative Convertible Preferred Stock, Series T, payable February 15, 2012, to holders of record on February 3, 2012. Holders of depositary receipts, each representing one-thousandth of a full convertible preferred share, will be paid $0.8125 for each receipt held.

8.125% Non-Cumulative Preferred Stock, Series AA, payable February 15, 2012, to holders of record on February 3, 2012. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.5078125 for each receipt held.

8.50% Non-Cumulative Preferred Stock, Series F, payable March 15, 2012, to holders of record on March 5, 2012. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.53125 for each receipt held.

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20120118006421r1&sid=acqr4&distro=nx

For Citigroup Inc.
Media:
Jon Diat, 212-793-5462
or
Shannon Bell, 212-793-6206
or
Investors:
John Andrews, 212-559-2718
or
Fixed Income Investors:
Ilene Fiszel Bieler, 212-559-5091

Source: Citigroup Inc.

Copyright Business Wire 2012
Comments (1)
  • i suggest Citigroup do away with giving shareholders who hold less than one thousand shares one percent dividend, as after deduction of tax and administration charges, small shareholders get nothing. A better alternative is to accumulate the one percent dividend paid per quarter to pay out once a year (total: 4 percent) and even after deduction of tax and admin charges, small shareholders like me, would get something instead of getting nothing for all 4 quarters. Please relay this to Citigroup board of directors.