Why Citigroup (C) Belongs in Every Dividend Investor’s Portfolio

Citigroup Inc. (NYSE:C) is included among the 11 Best Bank Dividend Stocks to Buy.

Citigroup Inc. (NYSE:C) is one of the world’s largest financial institutions, offering a wide array of services such as consumer banking, credit, investment banking, and Treasury solutions. Its operations are organized into key segments: Global Consumer Banking, Institutional Clients Group, and Treasury and Trade Solutions. The firm leverages its extensive global presence and broad client network to maintain a competitive advantage.

Recently, Citigroup Inc. (NYSE:C) has focused on digital transformation and enhancing operational efficiency to stay aligned with the evolving financial landscape. Its success relies on effectively navigating economic challenges, ensuring regulatory compliance, managing risks, and investing in technology to improve both customer experience and operational performance.

Citigroup Inc. (NYSE:C) has been distributing regular dividends to shareholders for the past 34 years, which makes it one of the best dividend stocks in the banking sector. The company’s quarterly dividend comes in at $0.60 per share and has a dividend yield of 2.36%, as of September 24.

While we acknowledge the potential of C as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than C and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.