On 7/31/17, Citigroup Inc's Citigroup Capital IX 6.00% Capital Securities (Symbol: C.PRS) will trade ex-dividend, for its quarterly dividend of $0.3937, payable on 8/14/17. As a percentage of C.PRS's recent share price of $27.00, this dividend works out to approximately 1.46%, so look for shares of C.PRS to trade 1.46% lower - all else being equal - when C.PRS shares open for trading on 7/31/17. On an annualized basis, the current yield is approximately 5.83%, which compares to an average yield of 5.47% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of C.PRS shares, versus C:
Below is a dividend history chart for C.PRS, showing historical dividends prior to the most recent $0.3937 on Citigroup Inc's Citigroup Capital IX 6.00% Capital Securities:
According to the ETF Finder at ETF Channel, Citigroup Inc (Symbol: C) makes up 8.24% of the First Trust Nasdaq Bank ETF ( FTXO ) which is trading up by about 0.1% on the day Thursday.
In Thursday trading, Citigroup Inc's Citigroup Capital IX 6.00% Capital Securities (Symbol: C.PRS) is currently trading flat on the day, while the common shares (Symbol: C) are up about 0.7%.