Citigroup Declares Dividends.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Board of Directors of Citigroup (NYSE NYSE See: New York Stock Exchange : C) today declared a quarterly dividend on the company's common stock of one cent per share, payable on February 27, 2009 to stockholders of record on February 02, 2009. The Board also declared dividends on preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. as follows: - 6.5% Non-Cumulative Convertible Preferred Stock Convertible Preferred Stock Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares". , Series T, payable February 17, 2009, to holders of record on February 5, 2009. Holders of depositary receipts, each representing one-thousandth of a full convertible preferred share, will be paid $.8125 for each receipt held. - 8.125% Non-Cumulative Preferred Stock, Series AA, payable February 17, 2009, to holders of record on February 5, 2009. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $.5078125 for each receipt held. - 8.50% Non-Cumulative Preferred Stock, Series F, payable March 16, 2009, to holders of record on March 5, 2009. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $.53125 for each receipt held. Citigroup (NYSE: C), the leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , Banamex, and Nikko. Additional information may be found at www.citigroup.com or www.citi.com. |
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