Citigroup Stock To Go Ex-dividend Tomorrow (C)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Citigroup (NYSE: C) is tomorrow, November 1, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $37.01 as of 9:30 a.m. ET, the dividend yield is 0.1%.

The average volume for Citigroup has been 37 million shares per day over the past 30 days. Citigroup has a market cap of $107.33 billion and is part of the financial sector and banking industry. Shares are up 39.1% year to date as of the close of trading on Tuesday.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. The company has a P/E ratio of 10.6, below the average banking industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Citigroup Ratings Report.

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