Citigroup Inc. (NYSE: C) is expected to release earnings results for the third quarter on Oct. 13, 2023.
Analysts expect the bank to report quarterly earnings at $1.15 per share, down from year-ago earnings of $1.63 per share. The company’s revenue is expected to come in at $18.2 billion, versus $18.25 billion in the year-ago period.
With Citigroup set to release quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Citigroup has a dividend yield of 5.09%, which is a quarterly dividend amount of 53 cents a share ($2.06 a year).
To figure out how to earn $500 monthly from Citigroup dividends, we start with the yearly target of $6,000 ($500 x 12 ...