How To Earn $500 A Month From Citigroup Stock Ahead Of Quarterly Earnings Report
Portfolio Pulse from Priya Nigam
Citigroup Inc. (NYSE:C) is expected to release its Q3 earnings on Oct. 13, 2023, with analysts predicting a decrease in earnings per share and revenue compared to the previous year. The bank's dividend yield is currently 5.09%, and the article provides calculations on how much an investor would need to invest in Citigroup to earn a certain amount in dividends each month. The stock price fell 1.5% to close at $40.50 on Monday.
October 03, 2023 | 12:14 pm
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Citigroup's Q3 earnings are expected to decrease YoY, which could negatively impact the stock price. However, the bank's high dividend yield could attract income-focused investors.
The expected decrease in Citigroup's Q3 earnings could negatively impact investor sentiment and lead to a decrease in the stock price. However, the bank's high dividend yield could make it an attractive investment for income-focused investors, potentially offsetting some of the negative impact from the earnings decrease.
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