Citizens Financial Group, Inc. Declares Dividends on Preferred Stock
15 February 2024 - 8:19AM
Business Wire
Citizens Financial Group, Inc. (NYSE: CFG) announced that its
board of directors has declared the following dividends on its
preferred stock payable on April 8, 2024, to preferred shareholders
of record at the close of business on March 22, 2024:
- a quarterly cash dividend of $21.723520 per share on CFG’s
6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred
Stock, Series B;
- a quarterly cash dividend of $15.9375 per share on CFG’s 6.375%
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
Series C;
- a quarterly cash dividend of $15.875 per share ($0.396875 per
each depositary share, each representing a 1/40th interest in a
share of the preferred stock) on CFG’s 6.350% Fixed-to-Floating
Rate Non-Cumulative Perpetual Preferred Stock, Series D;
- a quarterly cash dividend of $12.50 per share ($0.3125 per each
depositary share, each representing a 1/40th interest in a share of
the preferred stock) on CFG’s 5.000% Fixed-For-Life Non-Cumulative
Perpetual Preferred Stock, Series E;
- a quarterly cash dividend of $14.125 per share on CFG’s 5.650%
Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series
F; and
- a quarterly cash dividend of $10.00 per share on CFG’s 4.000%
Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series
G.
About Citizens Financial Group,
Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and
largest financial institutions, with $222.0 billion in assets as of
December 31, 2023. Headquartered in Providence, Rhode Island,
Citizens offers a broad range of retail and commercial banking
products and services to individuals, small businesses,
middle-market companies, large corporations and institutions.
Citizens helps its customers reach their potential by listening to
them and by understanding their needs in order to offer tailored
advice, ideas and solutions. In Consumer Banking, Citizens provides
an integrated experience that includes mobile and online banking, a
full-service customer contact center and the convenience of
approximately 3,200 ATMs and more than 1,100 branches in 14 states
and the District of Columbia. Consumer Banking products and
services include a full range of banking, lending, savings, wealth
management and small business offerings. In Commercial Banking,
Citizens offers a broad complement of financial products and
solutions, including lending and leasing, deposit and treasury
management services, foreign exchange, interest rate and commodity
risk management solutions, as well as loan syndication, corporate
finance, merger and acquisition, and debt and equity capital
markets capabilities. More information is available at
www.citizensbank.com or visit us on X (formerly Twitter), LinkedIn
or Facebook.
CFG-IR
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