Citi Plans to Increase Quarterly Dividend to $0.56 per Share From $0.53, Effective Q3, Subject to Board Approval
US Banks Bump Up Dividends Following Fed's Successful Stress Test
Citigroup Sees Insider Stock Selling
Oppenheimer Maintains Citigroup(C.US) With Buy Rating, Cuts Target Price to $85
RBC Capital Maintains Citigroup(C.US) With Buy Rating, Maintains Target Price $66
Bank of America, JPMorgan, Goldman Raise Investor Payouts Post-Stress Tests -- Barrons.com
Citigroup Plans 5.7% Dividend Boost; Stress Capital Buffer Retreats
Large US banks have announced an increase in dividends, all of which have passed the Federal Reserve stress tests.
Major US banks announced increases in dividends on Friday, all of which had previously passed the Federal Reserve's annual stress tests. Big banks such as JPMorgan and Bank of America announced increases in dividends. Just two days ago, the regulatory assessment showed that all 31 banks participating in the test could maintain sufficient capital and withstand the hypothetical test scenario of an economic recession. Other banks that raised dividends include Citigroup, Wells Fargo & Co, and Morgan Stanley. JPMorgan and Morgan Stanley also approved share buyback plans of billions of dollars. Major US banks announced increases in dividends on Friday for new quarterly dividends and previous quarters.
JPMorgan, Citi, BofA, Wells Fargo All Boost Dividends
Express News | Citigroup - Increase of Citi's Quarterly Common Stock Dividend From $0.53 to $0.56 per Share
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How long will the strong US dollar last? Bank of America Merrill Lynch: Short-term continuation of strength, with inflation stickiness determining the trend in the second half of the year.
As the expectation of a Fed rate cut recedes, the USD index has broken through the key level of 106 and returned to an upward trend.
Express News | Citigroup Inc. : Oppenheimer Cuts Target Price to $85 From $86
Oppenheimer Adjusts Price Target on Citigroup to $85 From $86