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Citizens Financial Group, Inc. Declares Dividends on Preferred Stock | Business & Finance

PROVIDENCE, R.I.–(BUSINESS WIRE)–Sep 8, 2020–

Citizens Monetary Team, Inc. (NYSE: CFG) announced that its board of administrators has declared the following dividends on its most well-liked stock payable on October 6, 2020, to chosen shareholders of report at the shut of business on September 18, 2020:

  • a quarterly income dividend of $10.89625 for every share on CFG’s 5.500% Preset-to-Floating Rate Non-Cumulative Perpetual Chosen Stock, Collection A
  • a quarterly income dividend of $15.9375 for every share on CFG’s 6.375% Set-to-Floating Rate Non-Cumulative Perpetual Preferred Inventory, Series C
  • a quarterly dollars dividend of $15.875 for each share ($.396875 for every every depositary share, just about every symbolizing a 1/40th curiosity in a share of the most well-liked stock) on CFG’s 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Favored Stock, Series D
  • a quarterly dollars dividend of $12.50 for every share ($.3125 per each and every depositary share, every symbolizing a 1/40th curiosity in a share of the preferred stock) on CFG’s 5.000% Set-For-Everyday living Non-Cumulative Perpetual Favored Inventory, Sequence E and
  • a quarterly cash dividend of $19.14722222 for every share on CFG’s 5.650% Mounted-Charge Reset Non-Cumulative Perpetual Most well-liked Inventory, Series F.

About Citizens Economical Team, Inc.

Citizens Money Group, Inc. is just one of the nation’s oldest and greatest economical establishments, with $179.9 billion in property as of June 30, 2020. Headquartered in Providence, Rhode Island, Citizens provides a broad selection of retail and business banking products and companies to individuals, tiny firms, center-industry providers, large companies and institutions. Citizens aids its shoppers get to their likely by listening to them and by comprehension their desires in purchase to supply tailored assistance, thoughts and methods. In Purchaser Banking, Citizens delivers an built-in encounter that contains mobile and on line banking, a 24/7 shopper contact center and the ease of roughly 2,700 ATMs and around 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and companies contain a full vary of banking, lending, price savings, prosperity administration and small business offerings. In Professional Banking, Citizens provides a broad enhance of money products and solutions and alternatives, including lending and leasing, deposit and treasury administration expert services, international exchange, fascination fee and commodity risk management remedies, as well as personal loan syndication, corporate finance, merger and acquisition, and financial debt and equity money markets capabilities. Much more details is readily available at www.citizensbank.com or go to us on Twitter, LinkedIn or Facebook.

Get in touch with: Media: Peter Lucht —781.655.2289

Investors: Kristin Silberberg— 203.900.6854

Keyword: UNITED STATES NORTH The usa RHODE ISLAND

Sector Search term: BANKING Experienced Expert services FINANCE

Supply: Citizens Monetary Team, Inc.

Copyright Business Wire 2020.

PUB: 09/08/2020 04:02 PM/DISC: 09/08/2020 04:02 PM

Copyright Business Wire 2020.