Citigroup Declares Dividends.Business Editors NEW YORK--(BUSINESS WIRE)--January 16, 2001 The Board of Directors of Citigroup Citigroup U.S. holding company formed in 1998 from the merger of Citicorp (itself a holding company incorporated in 1967) and Travelers Group, Inc. The $70 billion merger included one of the largest U.S. investment banks, Salomon Smith Barney Inc. (NYSE NYSE See: New York Stock Exchange :C) today declared a quarterly dividend on the company's common stock of 14 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , payable on February February: see month. 23, 2001, to stockholders of record on February 5, 2001. The Board also declared dividends declared dividend A dividend authorized by a firm's board of directors. At the time a dividend is declared, the firm creates a liability for the dividend's payment. 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: -- Series F, payable March 1, 2001, to holders of record on February 15, 2001. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.795625 for each receipt held. -- Series G, payable March 1, 2001, to holders of record on February 15, 2001. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.776625 for each receipt held. -- Series H, payable May 1, 2001, to holders of record on April 15, 2001. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.778875 for each receipt held. -- Series K, payable March 31, 2001, to holders of record on March 15, 2001. Holders of depositary receipts, each representing one-twentieth of a full preferred share, will be paid $.525 for each receipt held. -- Series M, payable May 1, 2001, to holders of record on April 15, 2001. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.7330 for each receipt held. -- Series Q, payable February 28, 2001, to holders of record on February 13, 2001. Holders of depositary receipts, each representing one-tenth of a full preferred share, will be paid $.3360 for each receipt held. -- Series R, payable February 28, 2001, to holders of record on February 13, 2001. Holders of depositary receipts, each representing one-tenth of a full preferred share, will be paid $.3360 for each receipt held. -- Series U, payable February 15, 2001, to holders of record on January 31, 2001. Holders of depositary receipts, each representing one-tenth of a full preferred share, will be paid $.484375 for each receipt held. -- Series V, payable February 15, 2001, to holders of record on January 31, 2001. Holders of depositary receipts, each representing one-tenth of a full preferred share, will be paid $.7325 for each receipt held. Citigroup (NYSE: C), the world's most 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, provides some 120 million consumers, corporations, governments and institutions in more than 100 countries with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management. Major brand names under Citigroup's trademark red umbrella are Citibank, CitiFinancial, Primerica, Salomon 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. , and Travelers. Additional information can be found at: www.citigroup.com. |
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