Workflow
‘Time to Go Long on Bank Stocks’: Cantor Suggests 2 Names to Buy
Yahoo Finance·2025-09-18 18:02

In addition to the dividend, the company also has a regular stock repurchase program, and bought back 200millionworthofsharesinbothQ1andQ2ofthisyear.Likemanybankcompanies,Citizenshasahistoryofreturningcapitaltoshareholdersthroughareliabledividendpayment.ThecompanylastdeclaredthedividendpaymentonJuly17for42centspercommonshare.Atthisrate,thedividendannualizesto200 million worth of shares in both Q1 and Q2 of this year.Like many bank companies, Citizens has a history of returning capital to shareholders through a reliable dividend payment. The company last declared the dividend payment on July 17 for 42 cents per common share. At this rate, the dividend annualizes to 1.68 per share and gives a forward yield of 3.24%. The dividend was paid out on August 14.As of ...