Citigroup (C -1.7%) is in well-positioned to hike its dividend (currently just $0.01/share),...

|About: Citigroup Inc. (C)|By:, SA News Editor

Citigroup (C -1.7%) is in well-positioned to hike its dividend (currently just $0.01/share), claims Anthony Currie. Between plans to sell off tens of billions in Citi Holdings assets, and about $50B in deferred tax assets, Citi could soon have plenty of excess capital. Currie's back-of-the-envelope math leads him to think a payout as high as $12B/year as possible, though he cautions this is unlikely over the short-term.