While the escalation in the Iran war has rattled broader markets and the S&P 500 Index ($SPX) is on the verge of correction territory, which by definition is a fall of 10% from the peak, Citigroup (C) shares have fared relatively well and are up about 2% over the last month. Citi has among the highest dividend yields in the banking space, currently yielding over 2.2%. Let's explore whether the stock is a “buy,” particularly for dividend investors.
