On 7/28/20, Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (Symbol: C.PRN) will trade ex-dividend, for its quarterly dividend of $0.4506, payable on 7/30/20. As a percentage of C.PRN's recent share price of $27.69, this dividend works out to approximately 1.63%, so look for shares of C.PRN to trade 1.63% lower — all else being equal — when C.PRN shares open for trading on 7/28/20. On an annualized basis, the current yield is approximately 7.19%, which compares to an average yield of 5.63% in the "Financial" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of C.PRN shares, versus C:
Below is a dividend history chart for C.PRN, showing historical dividends prior to the most recent $0.4506 on Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities:
In Friday trading, Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (Symbol: C.PRN) is currently up about 1.1% on the day, while the common shares (Symbol: C) are off about 0.4%.
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