Citizens Financial Group, Inc. Declares Dividends on Preferred Stock
December 07 2018 - 4:06PM
Business Wire
Citizens Financial Group, Inc. (NYSE: CFG) announced that its
board of directors has declared the following dividends payable on
January 7, 2019, to preferred shareholders of record at the close
of business on December 22, 2018:
● a semi-annual cash dividend of $37.00 per share on CFG’s
6.000% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock,
Series B; and
● a quarterly cash dividend of $12.57 per share on CFG’s 6.375%
Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series
C.(1)
About Citizens Financial Group,
Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and
largest financial institutions, with $158.6 billion in assets as of
September 30, 2018. 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
24/7 customer contact center and the convenience of approximately
2,900 ATMs and approximately 1,150 branches in 11 states in the New
England, Mid-Atlantic and Midwest regions. Consumer Banking
products and services include a full range of banking, lending,
savings, wealth management and small business offerings. In
Commercial Banking, Citizens offers corporate, institutional and
not-for-profit clients a full range of wholesale banking products
and services, including lending and deposits, capital markets,
treasury services, foreign exchange and interest rate products, and
asset finance. More information is available at
www.citizensbank.com or visit us on Twitter, LinkedIn or
Facebook.
(1) Note: The Series C Preferred Stock dividend per share has
been rounded for reader convenience. The precise amount of the
Series C Preferred Stock dividend is $12.5729166667 per share.
CFG-IR
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