5 Best Bank Dividend Stocks

4. Citigroup Inc. (NYSE: C)

Number of Hedge Fund Holders: 90
Dividend Yield: 3.06%

Citigroup Inc. (NYSE: C) is a provider of financial products and services in North America, Latin America, Asia, Europe, the Middle East, and Africa. It operates through its Global Consumer Banking and Institutional Clients Group segments and ranks 4th on our list of the best bank dividend stocks.

Keefe Bruyette’s David Konrad has an Outperform rating on Citigroup Inc. (NYSE: C) with an $85 price target.

In the second quarter of 2021, Citigroup Inc. (NYSE: C) had an EPS of $2.84, beating estimates by $0.95. The company’s revenue was $17.47 billion, also beating estimates by $273.99 million. Citigroup Inc. (NYSE: C) has also gained 9.52% in the past 6 months and 10.92% year to date.

By the end of the first quarter of 2021, 90 hedge funds out of the 866 tracked by Insider Monkey held stakes in Citigroup Inc. (NYSE: C) worth roughly $6.93 billion. This is compared to 95 hedge funds in the previous quarter with a total stake value of approximately $7.12 billion.