Citigroup Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J About To Put More Money In Your Pocket

On 12/17/14, Citigroup Inc's 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J (NYSE: C.PRJ) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 12/30/14. As a percentage of C.PRJ's recent share price of $27.09, this dividend works out to approximately 1.64%, so look for shares of C.PRJ to trade 1.64% lower — all else being equal — when C.PRJ shares open for trading on 12/17/14. On an annualized basis, the current yield is approximately 6.56%, whic...