Citizens Financial Group, Inc. (NYSE:CFG – Get Free Report) announced a quarterly dividend on Wednesday, July 15th. Investors of record on Thursday, July 30th will be given a dividend of 0.46 per share by the bank on Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, July 30th.
Citizens Financial Group has increased its dividend payment by an average of 0.0%annually over the last three years. Citizens Financial Group has a dividend payout ratio of 37.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Citizens Financial Group to earn $6.52 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 28.2%.
Citizens Financial Group Price Performance
NYSE CFG opened at $71.14 on Tuesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.85 and a current ratio of 0.86. The stock has a market cap of $30.08 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 0.55 and a beta of 0.67. The business has a 50 day simple moving average of $67.68 and a 200 day simple moving average of $64.13. Citizens Financial Group has a 52-week low of $45.90 and a 52-week high of $74.70.
Citizens Financial Group Company Profile
Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.
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