Dividend Growth of Citizens Financial Group, Inc.(CFG)

Citizens Financial Group(CFG) is having a Dividend Yield of 1.46% with the Annual cash Dividend per share of $0.46. The last quarter cash dividend per share pay out was $0.12. and the stock has a Indicated annual dividend of $0.56. Citizens Financial Group(CFG) formally announced its most recent dividend on January 20, 2017 with a Dividend per share of $0.14. The new indicated annual dividend based on announced dividend per share is $0.56. The dividend yield based on the forward looking indicated annual dividend is 1.46%. Citizens Financial Group(CFG) has the most recent dividend payout ratio of 0.25 with a 5-year average payout ratio of 0.19. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.05.

Citizens Financial Group, Inc. (NYSE:CFG) witnessed a decline in the market cap on Thursday as its shares dropped 0.31% or 0.12 points. After the session commenced at $38.11, the stock reached the higher end at $38.395 while it hit a low of $37.98. With the volume soaring to 2,756,895 shares, the last trade was called at $38.25. The company has a 52-week high of $38.43. The company has a market cap of $19,582 million and there are 511,954,870 shares in outstanding. The 52-week low of the share price is $18.34. Shares of Citizens Financial Group, Inc. rose by 5.55% in the last five trading days and 9.74% for the last 4 weeks. Citizens Financial Group, Inc. is up 24.1% in the last 3-month period. Year-to-Date the stock performance stands at 7.77%.

Currently the company Insiders own 0.22% of Citizens Financial Group, Inc. shares according to the proxy statements. Institutional Investors own 97.12% of Citizens Financial Group, Inc. shares. Company has reported several Insider transactions to the SEC, on Mar 9, 2016, Shivan S. Subramaniam (director) purchased 5,000 shares at 20.91 per share price.On Feb 10, 2016, David J. Bowerman (Vice Chair, Business Services) purchased 2,400 shares at 19.40 per share price.On Nov 13, 2015, Donald H Iii Mccree (Vice Chair, Commercial Banking) purchased 80,000 shares at 25.83 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Barclays on Jan 3, 2017 to Equal Weight, Raises Price Target to $ 39 from a previous price target of $27 .Company shares were Reiterated by Wedbush on Nov 30, 2016 to Neutral, Raises Price Target to $ 34 from a previous price target of $31 .Citizens Financial Group Inc was Upgraded by Keefe Bruyette to Outperform on Nov 29, 2016.

Citizens Financial Group Inc Last issued its quarterly earnings results on Jan 20, 2017. The company reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.52. The company had revenue of $1363.00 million for the quarter, compared to analysts expectations of $1330.04 million. The companys revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.

Citizens Financial Group, Inc. is a retail bank holding company. It offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. The Bank offers consumer loans, commercial loans, mortgage loans, deposit products, internet banking, and trust services. It also operates online, telephone, and mobile banking platforms. Citizens Financial Group, Inc. is headquartered in Providence, Rhode Island.


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