Preferred Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door Stock message boards
Citigroup Inc | 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN)

Prospectus excerpt:  The United States Department of the Treasury (“Treasury” or the “Selling Securityholder”) is selling 89,840,000 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (TruPS®) (“capital securities”). Citigroup will not receive any proceeds from the sale of shares of capital securities by the Selling Securityholder. A brief description of the capital securities can be found under “Summary Information — Q&A” in this prospectus. Some or all of the capital securities may be redeemed at any time on or after October 30, 2015. In addition, the capital securities may be redeemed, in whole or in part, at any time if certain changes in tax or investment company law or interpretation occur and certain other conditions are satisfied. However, Citigroup will not have the right prior to October 30, 2015 to redeem the capital securities as a result of changes in bank regulatory law or interpretation.

Full Prospectus PDF », C Page »

Alternate symbology:C-N, C-PN, CprN
Call Date:10/30/2015 (Now Trading Post Call Date)
Maturity Date:10/30/2040
Shares Offered:89,840,000
Liquidation Preference:$25
Recent Market Price:$27.00
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$2.00 (8.00%)
Annualized Dividend:0.5086
Recent Ex-Date:4/26/2018
Current Yield:1.88%
Original Coupon:From October 5, 2010 to but excluding October 30, 2015, at the annual rate of 7.875% payable quarterly in arrears on January 30, April 30, July 30 and October 30 of each year, beginning January 30, 2011
Pay Period:Quarterly
Pay Dates:30-Jan, 30-Apr, 30-Jul, 30-Oct
Citigroup is a financial services holding company, providing consumers, corporations, governments and institutions with a range of financial products and services. Co.'s activities are conducted through the: Global Consumer Banking, which provides traditional banking services to retail customers through retail banking, including commercial banking, and Citi-branded cards and Citi retail services; and Institutional Clients Group, which provides a range of wholesale banking products and services, including, among others, fixed income and equity sales and trading, and foreign exchange. As of Dec 31 2016, Co. had total assets of $1.82 trillion and total deposits of $950.00 billion.


Open the C Information Page »
Name:  Citigroup Inc
Sector:  Banking & Savings
Number of ETFs Holding C:  104 (see which ones)
Total Market Value Held by ETFs:  $18,308,190,868.19
Total Market Capitalization:  $186,844,000,000
% of Market Cap. Held by ETFs:  9.80%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Citigroup Inc | 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) Information Page | Preferred Stock Channel | | Copyright © 2011 - 2018, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.