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Citizens Financial Group (Citizens Financial Group) 3-Year Dividend Growth Rate : 2.50% (As of Dec. 2023)


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What is Citizens Financial Group 3-Year Dividend Growth Rate?

Citizens Financial Group's Dividends per Share for the three months ended in Dec. 2023 was $0.42.

The historical rank and industry rank for Citizens Financial Group's 3-Year Dividend Growth Rate or its related term are showing as below:

CFG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.5   Med: 34.6   Max: 85.7
Current: 2.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Citizens Financial Group was 85.70% per year. The lowest was 2.50% per year. And the median was 34.60% per year.

CFG's 3-Year Dividend Growth Rate is ranked worse than
74.52% of 777 companies
in the Banks industry
Industry Median: 7.5 vs CFG: 2.50

During the past 12 months, Citizens Financial Group's average Dividends Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Citizens Financial Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.49. As of today, Citizens Financial Group's Dividend Yield % is 4.80%.

Warning Sign:

Citizens Financial Group Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Citizens Financial Group's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Citizens Financial Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Citizens Financial Group's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citizens Financial Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Citizens Financial Group's 3-Year Dividend Growth Rate falls into.



Citizens Financial Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Citizens Financial Group  (NYSE:CFG) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Citizens Financial Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.42/ 0.85
=0.49

During the past 13 years, the highest Dividend Payout Ratio of Citizens Financial Group was 0.65. The lowest was 0.07. And the median was 0.29.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Citizens Financial Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4202024-01-302024-01-312024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-10-312023-11-012023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-08-012023-08-022023-08-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-05-022023-05-032023-05-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Citizens Financial Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.68/35.00
=4.80 %

Current Share Price is $35.00.
Citizens Financial Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.68.

During the past 13 years, the highest Dividend Yield of Citizens Financial Group was 8.44%. The lowest was 0.39%. And the median was 3.13%.

Warning Sign:

Citizens Financial Group Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Citizens Financial Group 3-Year Dividend Growth Rate Related Terms>


Citizens Financial Group (Citizens Financial Group) Business Description

Address
One Citizens Plaza, Providence, RI, USA, RI 02903
Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,000 branches in 14 states, although it is primarily concentrated in the Northeast. It has over $220 billion of total assets.
Executives
Terrance J. Lillis director C/O CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Shivan S. Subramaniam director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Kevin Cummings director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Michele N Siekerka director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Polly N. Klane officer: General Counsel C/O CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Michael Ruttledge officer: Chief Information Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Lee Alexander director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901
Christopher Swift director HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Brendan Coughlin officer: Head of Consumer Banking CITIZENS FINANCIAL GROUP, INC, 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901
William P Hankowsky director C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Robert G Leary director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD,, STAMFORD CT 06901
Charles John Koch director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Higdon Leo I Jr director 1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Elizabeth S. Johnson officer: Chief Experience Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Susan Lamonica officer: Chief Human Resources Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901