Citigroup (C) just gave income investors a fresh reason to look its way. On July 21, the bank announced a quarterly dividend of $0.67 per share to be paid on Aug. 28, 2026, to shareholders on record as of Aug. 3. That’s an 11.7% increase from the previous $0.60 payout, and it comes right after Citigroup reported its strongest quarterly revenue in about a decade.
This didn’t happen by chance. In its second-quarter 2026 earnings release, Citigroup posted $5.8 billion in net income and $24.77 billion in revenue, both ahead of expectations, while return on tangible common equity rose to 13%.
