Citigroup Non-Cumulative Preferred Stock, Series AA Ex-Dividend Reminder

On 11/3/14, Citigroup Inc's 8.125% Non-Cumulative Preferred Stock, Series AA (NYSE: C.PRP) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 11/17/14. As a percentage of C.PRP's recent share price of $28.60, this dividend works out to approximately 1.78%, so look for shares of C.PRP to trade 1.78% lower — all else being equal — when C.PRP shares open for trading on 11/3/14. On an annualized basis, the current yield is approximately 7.11%, which compares to an average ...