5 Best Bank Dividend Stocks To Buy Now

3. Citigroup Inc. (NYSE:C)

Number of Hedge Fund Holders: 79

Citigroup Inc. (NYSE:C) has been paying regular dividends to shareholders since 1990, which makes C one of the best dividend stocks on our list from the banking sector. The global financial services company currently pays a quarterly dividend of $0.53 per share and has a dividend yield of 4.25%, as of December 17. In the third quarter of 2023, the company returned $1.5 billion to shareholders through dividends and share repurchases.

Of the 910 hedge funds in Insider Monkey’s database at the end of Q3 2023, 79 funds owned stakes in Citigroup Inc. (NYSE:C), up from 75 in the previous quarter. The consolidated value of these stakes is nearly $7 billion.

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