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Citigroup Declares Quarterly Dividends on Preferred Stock.


NEW YORK--(BUSINESS WIRE)--Jan. 19, 1999--Citigroup today declared regular quarterly dividends on 12 series of its 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.
.

The following preferred series have a record date of January January: see month.  29, 1999 and a payable date of February 15, 1999:

Series O $2.0625 per share Series S $.51875 per depositary DEPOSITARY, contracts. He with whom a deposit is confided or made.
     2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470.
 share Series T $.53125 per depositary share Series U $.484375 per depositary share Series V $.7325 per depositary share

The following preferred series have a record date of February 12, 1999 and a payable date of February 28, 1999:

Series Q $.28125 per depositary share Series R $.28125 per depositary share

The following preferred series have a record date of February 15, 1999 and a payable date of March 1, 1999:

Series F $.795625 per depositary share Series G $.776625 per depositary share

The following preferred series has a record date of March 15, 1999 and a payable date of March 31, 1999:

Series K $.525 per depositary share

The following preferred series have a record date of April 15, 1999 and a payable date of May 1, 1999:

Series H $.778875 per depositary share Series M $.733 per depositary share

Citigroup, Inc., which was formed October 8, 1998 by the merger of Citicorp and Travelers Group Inc., provides a broad array of financial products and services to 100 million consumer and corporate customers through operations in 100 countries. Among its businesses are Citibank, Commercial Credit, 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. , SSB SSB Statistisk Sentralbyrå (Statistics Norway)
SSB Super Smash Bros (video game)
SSB Space Studies Board
SSB Single Side Band
SSB Single Stranded DNA-Binding Protein
SSB Salomon Smith Barney
 Citi Asset Management, Travelers Life & Annuity annuity: see insurance.
annuity

Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities.
 and Travelers Property Casualty.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 19, 1999
Words:251
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