Forbes -
6 Oct 2014 19:45

On 10/8/14, Citigroup Inc's 5.80% Noncumulative Preferred Stock, Series C (NYSE: C.PRC) will trade ex-dividend, for its quarterly dividend of $0.3625, payable on 10/22/14. As a percentage of C.PRC's recent share price of $23.85, this dividend works out to approximately 1.52%, so look for shares of C.PRC to trade 1.52% lower — all else being equal — when C.PRC shares open for trading on 10/8/14. On an annualized basis, the current yield is approximately 6.09%, which compares to an average yie...
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