Citigroup (C) declares $0.01/share quarterly dividend, in line with previous. Forward yield...


Citigroup (C) declares $0.01/share quarterly dividend, in line with previous. Forward yield 0.1%. For shareholders of record Aug 06. Payable Aug 24. ex-div date Aug 02. (PR)
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Comments (4)
  • phazer99
    , contributor
    Comments (32) | Send Message
     
    What? a 1 cent dividend on a stock that just had a reverse 10-1 stock split? Wouldn't it cost this Citibank more to process the dividend than the dividend itself?

     

    Just another stupid move by a company with a history of stupidity.

     

    Note: I own this stock. Makes me stupid too! :-)
    18 Jul 2012, 04:38 PM Reply Like
  • Polar Prospecting
    , contributor
    Comments (101) | Send Message
     
    Haha yeah I've had it for a while now too, bought it for the wrong reasons over a year ago @ $37.88 and been stuck with it since. Can't decide if I want to cut losses or wait and see if it hops up to $50 in the next year or so. What did you buy @?
    18 Jul 2012, 11:49 PM Reply Like
  • Kurt Thorup
    , contributor
    Comments (54) | Send Message
     
    dividend growth investing at it's finest
    18 Jul 2012, 10:07 PM Reply Like
  • bill d
    , contributor
    Comments (1893) | Send Message
     
    Pathetic. In at 1.40 pre-split - missed a few moves up around 50 - I feel as stupid a the management.
    19 Jul 2012, 12:31 PM Reply Like
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