Citizens Financial Group Inc. (CFG) Dividends
Dividend Yield and Dividend History Highlights
- CFG reports a compound annual dividend growth rate of 0.4% over the past 5.5 years.
- In terms of debt burden relative to earnings, CFG has an EBITDA to net debt ratio of 2,452,000,000, ranking above 97.61% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- CFG's free cash flow has been growing at a compound average annual rate of -419.98% over the past 5.5 years -- higher than just 2.04% of current US-listed dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with CFG that may be suitable potential portfolio mates: NYC, K, REYN, GLT and IRS.
CFG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $33.71 | $36.07 | -25.84% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for CFG, the DDM model, as implemented by StockNews, implies a negative return of 25.84% relative to its current price. Digging deeper, the aspects of Citizens Financial Group Inc's dividend discount model that we found most interesting were:
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for Citizens Financial Group Inc than it is for just 11.46% of other dividend issuers in the Financial Services sector.
- Based on dividend growth rate, Citizens Financial Group Inc has been increasing its dividends at a faster rate than 90.82% of US-listed dividend-issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Financial Services sector, CFG's equity discount rate is less than just 14.17% of those stocks.
CFG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-01-30 | Dividend | $0.42 | -- |
| 2023-10-31 | Dividend | $0.42 | -- |
| 2023-08-01 | Dividend | $0.42 | -- |
| 2023-05-02 | Dividend | $0.42 | -- |
| 2023-01-30 | Dividend | $0.42 | -- |
| 2022-11-01 | Dividend | $0.42 | -- |
| 2022-08-01 | Dividend | $0.42 | +7.69% |
| 2022-05-02 | Dividend | $0.39 | -- |
| 2022-01-28 | Dividend | $0.39 | -- |
| 2021-10-28 | Dividend | $0.39 | -- |
| 2021-07-29 | Dividend | $0.39 | -- |
| 2021-04-28 | Dividend | $0.39 | -- |
| 2021-02-02 | Dividend | $0.39 | -- |
| 2020-10-27 | Dividend | $0.39 | -- |
| 2020-07-28 | Dividend | $0.39 | -- |
| 2020-04-28 | Dividend | $0.39 | -- |
| 2020-01-28 | Dividend | $0.39 | +8.33% |
| 2019-10-29 | Dividend | $0.36 | -- |
| 2019-07-30 | Dividend | $0.36 | +12.50% |
| 2019-04-30 | Dividend | $0.32 | -- |
| 2019-01-30 | Dividend | $0.32 | +18.52% |
| 2018-10-30 | Dividend | $0.27 | -- |
| 2018-07-31 | Dividend | $0.27 | +22.73% |
| 2018-05-01 | Dividend | $0.22 | -- |
| 2018-01-31 | Dividend | $0.22 | +22.22% |
| 2017-10-31 | Dividend | $0.18 | -- |
| 2017-07-31 | Dividend | $0.18 | +28.57% |
| 2017-05-01 | Dividend | $0.14 | -- |
| 2017-01-31 | Dividend | $0.14 | +16.67% |
| 2016-10-31 | Dividend | $0.12 | -- |
| 2016-08-01 | Dividend | $0.12 | -- |
| 2016-05-02 | Dividend | $0.12 | +20.00% |
| 2016-02-02 | Dividend | $0.10 | -- |
| 2015-11-03 | Dividend | $0.10 | -- |
| 2015-07-30 | Dividend | $0.10 | -- |
| 2015-05-01 | Dividend | $0.10 | -- |
| 2015-02-03 | Dividend | $0.10 | -- |
| 2014-11-04 | Dividend | $0.10 | -- |
CFG Dividends vs. Peers
CFG's dividend yield currently ranks #4 of 66 vs. its peers in the Mid-Atlantic Regional Banks category.
Looking for More Information on CFG dividends?
Here are a few links from around the web to help you further your research on Citizens Financial Group Inc and its dividends:Citizens Financial Group Inc Common Stock (CFG) Dividend History | Nasdaq
Dividend History for Citizens Financial Group Inc (CFG) - Dividend Investor
Citizens Financial Group Inc (CFG) Dividend History - Seeking Alpha