Citizens Financial Group Announces $0.3125 Quarterly Dividend

Citizens Financial Group has declared a $0.3125/share quarterly dividend for its 5% DP SHS PFD E, in line with previous payments. The forward yield is 6.14%. The dividend will be payable on October 6 and is for shareholders of record on September 19. The ex-dividend date is also September 19.

Citizens Financial Group (NYSE:CFG) has announced a quarterly dividend of $0.3125 per share for its 5% DP SHS PFD E, aligning with its previous dividend payments. The forward yield stands at 6.14%, making it an attractive option for income-seeking investors. The dividend will be payable on October 6, 2025, and will be distributed to shareholders of record as of September 19, 2025. The ex-dividend date is also September 19, 2025 [1].

This announcement comes amidst a period of robust financial performance for Citizens Financial Group. The company recently reported earnings per share (EPS) of $0.92 for the quarter, surpassing analysts' expectations of $0.88. Revenue for the quarter increased by 3.8% year-over-year to $2.04 billion, demonstrating strong operational growth [1].

Citizens Financial Group's share buyback program, authorized in June 2025, also signals confidence in its stock valuation. The program allows the company to repurchase up to 8.5% of its outstanding shares through open market purchases, indicating that management believes its shares are undervalued [1].

The company's financial health is further bolstered by a debt-to-equity ratio of 0.54, a current ratio of 0.85, and a quick ratio of 0.84, indicating a strong liquidity position. Analysts have given Citizens Financial Group a "Moderate Buy" rating, with a consensus price target of $51.53, reflecting the positive outlook on the company's stock [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-cetera-investment-advisers-cuts-position-in-citizens-financial-group-inc-nysecfg-2025-08-03/