Citigroup Stock To Go Ex-dividend Tomorrow (C)

NEW YORK ( TheStreet) -- The ex-dividend date for Citigroup (NYSE: C) is tomorrow, January 30, 2014. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $48.82 as of 9:45 a.m. ET, the dividend yield is 0.1%.

The average volume for Citigroup has been 23.4 million shares per day over the past 30 days. Citigroup has a market cap of $148.04 billion and is part of the financial sector and banking industry. Shares are down 4.8% 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 12.2, 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 increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Citigroup Ratings Report.

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