Citigroup Inc (NYSE: C) issued a “Potential Dividend Run Alert” this morning for its upcoming dividend of $0.56 per share, with an ex-dividend date set for February 3, 2025. Historical data indicates that the stock price of Citigroup has gained an average of $2.65 for prior dividends over the last four occurrences, suggesting a trend in price appreciation leading up to the dividend date.
For instance, prior to the last dividend on November 4, 2024, shares closed at $63.71 one day before the ex-dividend date, having risen from $62.85 two weeks earlier, reflecting a total gain of $0.86. Citigroup’s implied annualized yield stands at 2.80%, highlighting its attractiveness for dividend-focused investors.
Dividend History Snapshot: The upcoming dividend is $0.56/share, with the next payment date set for February 28, 2025.
